Explore how aggregate limits of liability work in insurance, their impact on policy coverage, and why understanding them is crucial for policyholders.

Learn why airlines adjust revenues for air traffic liability under accrual accounting and how this impacts financial ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Casey Bond is a seasoned personal finance writer and editor. In addition to Forbes, her work has appeared on HuffPost, Business Insider, Yahoo! Finance, MSN, The Motley Fool, U.S. News & World Report, ...

As a business owner, you’re responsible for the work you and your employees do, as well as for your customers’ health and safety while they’re at your workplace. As a result, a client can sue your ...

General liability insurance protects businesses against claims that they’ve harmed a person or their property. Many, or all, of the products featured on this page are from our advertising partners who ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. If a guest is injured at your home or their ...

As a business professional, you’re responsible for the knowledge, expertise and services you provide to clients. As a result, clients can take legal action against you and your company when they ...

Garage liability insurance is a type of small business insurance designed specifically for businesses that provide car-related services. A garage liability insurance policy adds an extra layer of ...

If you cause a car crash in which someone else is injured, your bodily injury liability (BI or BIL) insurance pays for expenses related to injuries they sustain in the crash. It is one of the two ...

A check mark. It indicates that the relevant content has been reviewed and verified by an expert This story has been reviewed by a professional to ensure you get the most accurate and useful ...