- standard liability policy
- An automobile liability policy in the form required by statute or regulation having the force of law.
Ballentine's law dictionary. Anderson, W.S.. 1998.
standard liability policy
Look at other dictionaries:
Umbrella Personal Liability Policy — A type of insurance policy that provides excess coverage above and beyond the liability coverage amounts in a standard insurance policy. The umbrella policy provides extra protection in the event that a lawsuit exceeds the basic level of coverage … Investment dictionary
umbrella personal liability policy — A liability insurance policy that provides protection against damages not covered by standard liability policies, such as large jury awards in lawsuits. Bloomberg Financial Dictionary … Financial and business terms
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 — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… … Black's law dictionary
liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… … Black's law dictionary
standard — Stability, general recognition, and conformity to established practice. Standard Accident Ins. Co. v. Standard Surety & Casualty Co., D.C.N.Y., 53 F.2d 119, 120. A type, model, or combination of elements accepted as correct or perfect. A measure… … Black's law dictionary
Standard Chartered Bank (Pakistan) — Infobox Company company name = Standard Chartered Bank (Pakistan) Limited company company type = Private company slogan = Your Spirit Our Strength foundation = 2006 location = Principal Office Karachi Pakistan key people = Badar Qazmi CEO, SCBPL… … Wikipedia
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
Bumbershoot Policy — A specialized form of liability insurance. A bumbershoot policy is a type of umbrella coverage designed specifically to insure marine risks, but it can also include non marine risks. Shipyards often use this type of policy, which provides… … Investment dictionary
absolute liability — Liability for an injury resulting to another where no account is taken of the standard of care exercised, often called insurer s liability. 38 Am J1st Negl § 4. Criminal liability of which intent not an element. 21 Am J2d Crinn L § 91. Liability… … Ballentine's law dictionary
