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  2. Professional liability insurance - Wikipedia

    en.wikipedia.org/wiki/Professional_liability...

    Professional liability insurance. Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance which helps protect professional advising, consulting, and service-providing individuals and companies from bearing the full ...

  3. Indemnity - Wikipedia

    en.wikipedia.org/wiki/Indemnity

    t. e. In contract law, an indemnity is a contractual obligation of one party (the indemnitor) to compensate the loss incurred by another party (the indemnitee) due to the relevant acts of the indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless".

  4. Product liability - Wikipedia

    en.wikipedia.org/wiki/Product_liability

    Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held responsible for the injuries those products cause. Although the word "product" has broad connotations, product liability as an area of law is traditionally limited to products in the form ...

  5. Home warranty vs. homeowners insurance - AOL

    www.aol.com/finance/home-warranty-vs-homeowners...

    A home insurance policy protects your finances against specific types of damage to your home and belongings, while a home warranty is a service contract that can cover repairs to major home ...

  6. What is an insurance claim and when should you file one? - AOL

    www.aol.com/finance/insurance-claim-file-one...

    You should file a claim whenever something happens that your policy would cover. So, for example, if you have comprehensive coverage and your car was vandalized or stolen, you would file a claim ...

  7. Warranty - Wikipedia

    en.wikipedia.org/wiki/Warranty

    Warranty. In law, a warranty is an expressed or implied promise or assurance of some kind. The term's meaning varies across legal subjects. [1] In property law, it refers to a covenant by the grantor of a deed. [2] In insurance law, it refers to a promise by the purchaser of an insurance about the thing or person to be insured.

  8. SR-22 (insurance) - Wikipedia

    en.wikipedia.org/wiki/SR-22_(insurance)

    SR-22 (insurance) In the United States, an SR-22 (sometimes referred to as a certificate of insurance[a] or a financial responsibility filing) [1][2] is a vehicle liability insurance document required by most state departments of motor vehicles (DMV) offices [b] for "high-risk" insurance policies. [3] An SR-22 is not an insurance policy, but a ...

  9. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.

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