Casualty Insurance
Casualty insurance is a broad category of insurance that includes almost any coverage that is not related to life, health, and property. Casualty insurance includes the following types of insurance. Those are:
- Terrorism insurance: Terrorism insurance is an insurance that is claimed by the property owners in order to cover their possible losses and liabilities that might occur due to terrorist activities.
- Political risk insurance: Political insurance can be taken up by any business, which may be large or small industries, or can be taken up by any other political condition that may result in loss.
- Liability insurance: Liability insurance is termed as a part of the general insurance system of risk changes. Liability insurance is considered to give the protection against the third party claims.
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