What Does Contingent Liability Insurance Mean?

Free Business Insurance Quote Click Here
What does Contingent Liability Insurance mean? Read on to discover the definition & meaning of the term Contingent Liability Insurance - to help you better understand the language used in insurance policies.

Contingent Liability Insurance

Contingent Liability Insurance

Contingent liability insurance is insurance protection against potential perils or obligations that may or may not come to be, depending on how a particular event turns out. Companies often purchase it to protect against the possibility that an event would result in the party owing a large sum of money.

We hope the you have a better understanding of the meaning of Contingent Liability Insurance.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here