A phrase that means the same as Liability Insurance. Liability insurance always involves a third party, the one who has suffered a loss.

Also known as liability insurance. Insurance where the insurer assumes the liability to pay damages on behalf of an insured to a third party for a covered event, such as bodily injury or property damage. See First-party coverage

Protection of the insured against liability for damage to or destruction of the bodies or property of others.

This is an insurance that covers not only you but also other people involved. For example, if you have a car accident and another person gets hurt, a third party insurance also covers it.

Protection against liability to a third party. The first two parties are the insured and the insurer.

A term for Liability Insurance. Liability always involves a third party, the one who has suffered a loss, in addition to the insurer and the insured. See also Liability Insurance.

Insurance of one's liability to another. In aviation insurance third party insurance is differentiated from insurance of liability to passengers in the insured's own aircraft.

(Assurance de la responsabilité civile) A type of insurance in which the insured is indemnified with respect to any loss which they might suffer as a result of there legal liability to others arising out of a peril against which the particular insurance is written.

Insurance that pays out to a third party (ie. someone not directly involved) who is injured in an accident.

motor insurance cover providing compensation for injury to third parties and damage to their property.

A fire policy insures the policyholder against loss or damage to his own property. When a policy insures a person against the liability he may incur to another for damages, it is "Third Party Insurance." The insured is indemnified with respect to any loss which he might suffer as a result of his legal liability to others arising out of the peril against which insurance is written.

The claimant under a liability policy. This person making the claim is not one of the other two parties, the insured and insurer.

generally, this insurance protects the insured against his liability arising out of bodily injury to others or damage to their property. (See LIABILITY INSURANCE)