What does Direct Liability mean? Read on to discover the definition & meaning of the term Direct Liability - to help you better understand the language used in insurance policies.
A direct liability refers to a situation in which a person or a company becomes liable to another on the basis of their own act or omission. In terms of insurance, it is the basis of an insurance company paying a claim. That is, the insurer will only pay for the damage or injury if the insured individual or business is directly liable.
We hope the you have a better understanding of the meaning of Direct Liability.