liability insurance
Defined in 1 dictionary — U.S. Code
United States Code
6 U.S.C. § 444 — for purposes of this part
The term “liability insurance” means insurance for legal liabilities incurred by the insured resulting from—
(i) loss of or damage to property of others;
(ii) ensuing loss of income or extra expense incurred because of loss of or damage to property of others;
(iii) bodily injury (including) to persons other than the insured or its employees; or
(iv) loss resulting from debt or default of another.