What is the Definition of Internet Liability Insurance?

What is the Definition of Internet Liability Insurance?

Coverage designed to protect businesses from liabilities that arise from the conducting of business over the Internet, including copyright infringement, defamation and violation of privacy.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Internet Liability Insurance?

What is the Definition of Internet Liability Insurance?

You can find random definition and meaning of insurance terms below:


Meaning of Fixed Annuity in Insurance Terms

An annuity that guarantees a specific rate of return. In the case of a deferred annuity, a minimum rate of interest is guaranteed during the savings phase. During the payment phase, a fixed amount of income, paid on a regular schedule, is guaranteed.


Meaning of Flexible Premium in Insurance Terms

A premium payment method sometimes offered in  connection with annuities and with some types of life insurance that allows the contract owner or policy owner to alter the amount and the frequency of payments, within specified boundaries defined by the insurer and the law.


Meaning of Floater in Insurance Terms

Attached to a homeowners policy, a floater insures movable property, covering losses wherever they may occur. Among the items often insured with a floater are expensive jewelry, musical instruments and furs. It provides broader coverage than a regular homeowners policy for these items.


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