Casualty insurance insures against accidents, not necessarily tied to any specific property.
Main article: Casualty insuranceCrime insurance is a form of casualty insurance that covers the policyholder against losses arising from the criminal acts of third parties. For example, a company can obtain crime insurance to cover losses arising from theft or embezzlement. Political risk insurance is a form of casualty insurance that can be taken out by businesses with operations in countries in which there is a risk that revolution or other political conditions will result in a loss.
Tuesday, August 4, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment