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third party liability insurance

См. также в других словарях:

  • Paris Convention on Third Party Liability in the Field of Nuclear Energy — The Paris Convention on Third Party Liability in the Field of Nuclear Energy is an OECD Convention on liability and compensation for damage caused by accidents occurring while producing nuclear energy.The convention: * Limits liability to a… …   Wikipedia

  • third-party — UK US adjective [before noun] ► LAW connected with a third person or organization less directly involved in an activity or in a legal case than the main people or organizations that are involved: third party commissions/proceedings/suppliers… …   Financial and business terms

  • third party — The party that is a customer of either a direct or indirect system member. It is not known by the system transaction administrator, and does not have any liability nor rights, vis à vis the system. Euroclear Clearing and Settlement glossary * * * …   Financial and business terms

  • Third-Party Claims Administrator — This type of administrator processes claims for a third party company. Insurance companies and employee benefit providers often employ third party administrators to process their claims. These administrators also often help to process employee… …   Investment dictionary

  • Liability insurance — is a part of the general insurance system of risk financing. Originally, individuals or companies that faced a common peril , formed a group and created a self help fund out of which to pay compensation should any member incur loss. The modern… …   Wikipedia

  • liability insurance coverage — Insurance that provides compensation to third parties who are injured or whose property is damaged due to the fault of the insurance holder. You may have liability insurance for your car or your home, or to cover actions you take in the course of …   Law dictionary

  • Third party administrator — A third party administrator (TPA) is an organization that processes insurance claims for a separate entity. [cite web|url=http://www.pbs.org/healthcarecrisis/glossary.htm |author=PBS |title=Glossary of Healthcare terms |accessdate=2008 02 26]… …   Wikipedia

  • Liability Insurance — Any type of insurance policy that protects an individual or business from the risk that they may be sued and held legally liable for something such as malpractice, injury or negligence. Liability insurance policies cover both legal costs and any… …   Investment dictionary

  • third-party insurance — /ˌθɜd pati ɪnˈʃɔrəns/ (say .therd pahtee in shawruhns) noun a contract of insurance under which the insurer undertakes to indemnify the insured if the insured should incur liability for the injury of some third party (generally in the context of… …  

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

  • Business Liability Insurance — Insurance that protects a company and/or business owner in the event of a formal lawsuit or other third party claim. Coverage includes any financial liability incurred in addition to expenses related to the company s legal defense. There are… …   Investment dictionary

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