The-definition.com

Definition

Casualty insurance

Casualty insurance is a field of insurance that covers whatever is not covered by fire, marine, and life insurance. Includes auto, liability, burglary and theft, worker’s compensation, glass, and health insurance.

Share it:  Cite

More from this Section

  • Foreign Tax Credit
    Foreign tax credit refers to the amount by which a domestic firm may reduce (credit) domestic ...
  • Surety bond
    Surety bond sometimes called a performance bond: insurance that guarantees that a contract ...
  • Reporting form
    Reporting form coverage for commercial property insurance that requires the insured to ...
  • Equity
    Equity for a vehicle that has been financed through a loan, the difference at any time ...
  • Note issuance facility (NIF)
    Note issuance facility (NIF) is an agreement by which a syndicate of banks indicates a ...