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It's a strict liability policy.
The village's liability policy also makes no male/female distinction.
At the time of the bankruptcy, MF Global had a "directors and officers" liability policy for $225 million and an "errors and omissions" liability policy for $150 million.
He said the company's most common liability policy was for $10 million.
A personal liability policy, commonly called an umbrella policy, is a last line of defense against lawsuits, advisers explain.
An automobile liability policy, for example, includes not only the owner but anyone else operating the car with permission.
Similar(20)
Ms. Shaheen said that the policy FlightCar offers was similar to the one offered by RelayRides, which includes a $1 million liability insurance policy for owners and a $300,000 policy for renters.
He said the cottage owners have also offered to buy the town a multi-million liability insurance policy.
Mr. Gupta, as well as Goldman and P.& G., could have tried to recoup the legal expenses under a directors' and officers' liability insurance policy.
They thought their general liability insurance policy covered them, but they were wrong.
According to Luxe, there's a $1M general liability insurance policy to ensure your safety and security and it says it has trained and vetted all valets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com