🎴 Flashcard Mode
Liability Insurance
Card1 / 15
Mastered0
Review0
QuestionClick to flip
What is the primary purpose of liability insurance?
AnswerClick to flip back
A
To provide financial protection against legal claims and lawsuits
💡 Explanation:
Liability insurance is designed to protect individuals or organizations from the financial consequences of legal claims and lawsuits alleging negligence or wrongdoing, potentially resulting in damages or injuries to others.