General Average
General average is a long-standing principle in maritime law that addresses situations where a deliberate sacrifice is made during a sea voyage to save the ship and the remaining cargo.
Insurance Glossary
Glossary/Encyclopedia of insurance terms. In addition to the brief description of insurance terms, we have also provided detailed explanation of each term. By selecting ‘More Details’ in each term, you can view the detailed explanation of the term with examples.
General Liability Insurance
General liability insurance is a type of insurance policy that protects businesses from a wide range of liability exposures, safeguarding them against financial losses due to bodily injury, property damage, or personal and advertising injury.
Glass Insurance
Glass insurance is a type of insurance that covers the cost of repairing or replacing damaged glass in a building or vehicle.
Homeowners Insurance
A type of insurance that covers damages to a house and its contents, as well as liability for injuries or damages caused to others on the property.
Host Liquor Liability
Host liquor liability insurance is a type of insurance that covers the liability of a person or organization that serves alcohol to guests, in the event that an intoxicated guest causes injury or damage to others.