Venture Insurance Glossary - Terms starting with ‘L’ - Venture Insurance Services

	Insurance terms glossary.
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Legal Liability (garage policy): "Garage policies can be either Legal Liability, Direct Exess or Direct Primary. With a Legal Liability form the customer of the garage would have to prove that the garage owner was More…
Liability Insurance: "Insurance that provides indemnity or compensation for a harm or wrong to a third party for which the insured is legally obligated to pay. Usually, the injury or damage is caused by More…

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