Loss insurance for negligence is a type of liability insurance that covers the insured for financial losses resulting from their negligent acts or omissions. It is distinct from general liability insurance, which covers the insured for a broader range of liabilities, including those arising from intentional acts or omissions.
Loss insurance for negligence is important because it can help to protect the insured from financial ruin in the event that they are found liable for damages caused by their negligence. It can also provide peace of mind, knowing that they are financially protected in the event of a lawsuit.
