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But liability is not clear-cut and customers need to read the fine print carefully.
But liability for the oil spill in the gulf may not be so clear.
Food and accommodation costs not capped, but liability limited to £10,000 a year.
But liability for past infringement could be considerable, depending in part on how the lower courts deal with complex statute of limitations issues.
But Raj Mody, PwC's global head of pensions, said: "Slight improvements in gilt yields have contributed to the apparent deficit reduction, but liability measurement by gilt yields does not necessarily represent reality, given pension liabilities are mainly affected by longevity and inflation".
But liability regimes have also been viewed and studied as a mixture of these two approaches.
Similar(52)
The announcement underlined a problem looming at a number of big companies: Not only have pension assets fallen during the bear market, but liabilities have ballooned.
In my opinion these plants are not assets but liabilities.
As of Sept. 30, however, GM had total assets of $110 billion but liabilities of $170 billion.
They risk not only liability, but also their reputations.
Not a liability but no inspiration either.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com