CASUALTY INSURANCE

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'Casualty insurance' policies are written to cover losses that are the direct result of an unforeseen accident(s). It may include Auto liability insurance for car accidents, Marine insurance for shipwrecks or losses at sea, and etc. Life, health and property insurance are typically excluded from the definition. Loosely used to describe an area of insurance not particularly or directly concerned with life insurance, fire insurance or automobile insurance. Most frequently it refers to liability, crime and plate glass insurance but may include surety as well.

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It also includes other insurance coverages such as:

★ liability insurance

★ political risk insurance

★ terrorism insurance

★ fidelity and surety bonds.

★ earthquake

★ cyber liability

See also

★ Property insurance

★ List of finance topics (Insurance)