commercial liability insurance Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “commercial liability insurance” in the English Dictionary

"commercial liability insurance" in Business English

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commercial liability insurancenoun [U]

uk   us   INSURANCE, LAW
insurance that pays a company's legal costs if someone takes legal action against them for injury or property damage: A commercial liability insurance policy wasn't purchased until more than a year into the project.
(Definition of commercial liability insurance from the Cambridge Business English Dictionary © Cambridge University Press)
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