What does Strict Liability mean? Read on to discover the definition & meaning of the term Strict Liability - to help you better understand the language used in insurance policies.
A legal doctrine under which liability is imposed with respect to injury or damage arising from certain types of hazardous activities. For example, under strict liability standards, the manufacturer or distributor of a dangerous product is liable to a person who is injured by the product, regardless of the degree of care exercised by the manufacturer or distributor in the production or sale of the product.
We hope the you have a better understanding of the meaning of Strict Liability.