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casualty insurance
ca·su·al·ty in·sur·ance


noun 
Definition:
 
1. company's liability insurance: insurance against claims following negligence by a company's employees who cause injury to people or damage to property
2. insurance against physical damage: insurance against damage to property, equipment, or machinery
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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