casualty insurance

noun

Definition of casualty insurance

: insurance against loss from accident (as automobile, burglary, liability, accident and health, and workmen's compensation insurance and corporate suretyship) consisting in the U.S. of all forms of insurance written commercially except life insurance and the forms of property insurance written by fire and marine companies

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Cite this Entry

“Casualty insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/casualty%20insurance. Accessed 29 Sep. 2022.

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