Investor Glossary-casualty insuranceInvestor Glossary-casualty insuranceInvestor Glossary-casualty insuranceInvestor Glossary-casualty insuranceInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Casualty Insurance

The HTML to link to this page
 

Generally, casualty insurance is a type of indemnity that provides coverage against loss from injury or property loss. Specifically, casualty insurance offers protection against perils associated with legal liability, as well as health and sickness. Casualty insurance is a very broad category, and includes almost all types of non-life insurance. Major classes of casualty insurance include most kinds of liability insurance, theft, aviation, workers' compensation, credit, and title. Thus, casualty insurance contracts may cover liability arising from use of an automobile, operation of a business, professional negligence, including malpractice insurance, or property ownership. Casualty insurance also comprises credit insurance, which may protect against the risk of bad debts from insolvency, disability, as well as the risk of loss of savings from bank failure. Casualty insurance may even cover the risk of commercial and political changes.



Rate this casualty insurance definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: FICO score, Key Rate Duration, implied volatility, 144a, required rate of return, class C shares, open position, Zero Cost Collar, ex-dividend date, retained earnings, LIBOR, stock split, EBITDA, ex-dividend, limit order, balance sheet, FTSE, deferred tax, liquidity ratio, 1031 exchange, per diem, deferred revenue, reverse mortgage, cancelled check, stock market close, margin rate, current ratio, diluted share, dividends payable, real GDP, in escrow, risk management, APR, irrevocable trust, command economy, quality assurance, wholly-owned subsidiary, 1035 exchange, option premium, VIX, covered put, labor relations, average price per share, inflation, phantom income, minority interest, 401a, debt service coverage, annual return


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use