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public-liability insurance

American  
[puhb-lik-lahy-uh-bil-i-tee] / ˈpʌb lɪkˌlaɪ əˈbɪl ɪ ti /

noun

  1. insurance covering the insured against risks involving liability to the public for damages arising from negligence.


public-liability insurance British  

noun

  1. (in Britain) a form of insurance that pays compensation to a member of the public suffering injury or damage as a result of the policyholder or his employees failing to take reasonable care

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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There was also the “License to Occupy” agreement with the Council that required DePree to purchase a public-liability insurance policy with £10 million of coverage, or about $13 million, for Hopwood Hall.

From The Wall Street Journal