- employers' liability policy
Financial and business terms. 2012.
employers' liability policy
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employers' liability insurance — An insurance policy covering an employer s legal liability to pay compensation to any of his employees suffering or contracting injury or disease during the course of their work. This type of insurance is compulsory by law for anyone who employs… … Big dictionary of business and management
Liability insurance — is a part of the general insurance system of risk financing. Originally, individuals or companies that faced a common peril , formed a group and created a self help fund out of which to pay compensation should any member incur loss. The modern… … Wikipedia
liability insurance — A form of insurance policy that promises to pay any compensation and court costs the policyholder becomes legally liable to pay because of claims for injury to other people or damage to their property as a result of the policyholder s negligence … Big dictionary of business and management
liability insurance — A policy or contract of insurance whereby the insurer agrees to protect the insured against liability arising from an act or omission of the insured which causes injury to the person or the property of a third person, the liability of the insurer … Ballentine's law dictionary
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 that helps protect professional advice and service providing individuals and companies from… … Wikipedia
Vicarious liability — This article is about vicarious liability in private litigation; for vicarious liability in criminal law, see Vicarious liability (criminal). Vicarious liability is a form of strict, secondary liability that arises under the common law doctrine… … Wikipedia
public-liability insurance — An insurance policy that pays compensation to a member of the public and court costs in the event of the policyholder being successfully sued for causing death, injury, or damage to property by failing to take reasonable care in his or her… … Big dictionary of business and management
employer liability — ➔ liability * * * employer liability UK US (also employers liability) noun [U] INSURANCE, HR ► legal responsibility for any problems, accidents, or mistakes that your employees make while working for you: »Employer liability could become an issue … Financial and business terms
general accident policy — A contract insuring against accidents happening to the person of the insured, without limitation as to the means of or the occasion, that is, not limited to accidents involving motor vehicles, airplanes, etc. Employers Liability Assur. Corp. v… … Ballentine's law dictionary
Vicarious liability (criminal) — The legal principle of vicarious liability applies to hold one person liable for the actions of another when engaged in some form of joint or collective activity. For the civil law system, see vicarious liability. For liability attributed to a… … Wikipedia
