Loss insurance for libel is a type of insurance that protects businesses and individuals from financial losses incurred as a result of being found liable for libel. Libel is a civil wrong that occurs when a false statement is published or broadcast, causing harm to another person’s reputation.
Loss insurance for libel can cover a wide range of expenses, including legal fees, damages awarded to the plaintiff, and lost income. It can be an important form of protection for businesses and individuals who are at risk of being sued for libel, such as publishers, broadcasters, and online content providers.
