Lift (Third Party)Insurance

Lift (Third Party) Insurance 'BREAKING DOWN 'Liability Insurance' Liability insurance is very important for those who may be held legally liable for the injuries of others, especially medical practitioners and business owners. A product manufacturer may purchase product liability insurance to cover them if a product is faulty and causes damage to the purchasers or any other third party. Business owners may purchase liability insurance that covers them if an employee is injured during business operations.