MetLife India Insurance Co. Ltd.
It is defined as the type of insurance that is primarily concerned with the losses caused by injuries to persons and legal liability imposed on the insured for such injury or for damage to property of others. This is an insurance not directly concerned with life insurance, health insurance or property insurance. Broadly speaking, it may be defined as a list of individual insurances, usually written in a separate policy, in three broad categories: third party or liability, disability or accident and health, material damage.
Different type of casualty insurance is, however, not limited to,
Auto insurance - covers losses related to vehicle accidents.
Homeowner's Insurance - covers losses related to a homeowner's property.
Renter's Insurance - covers the renter but not the landlord for loss related to the rental property.
Landlord's Insurance - covers the landlord but not the renter for loss related to rental property
Workers' Compensation Insurance - obtained by employers to cover losses relating to employees injured while on the job (coverage is usually mandated by law)
Liability Insurance - covers the policyholder for her liability relating to injuries to a person or damage to property of another where the policy owner is at fault
Theft Insurance - covers loss resulting from theft
Aviation insurance – It usually covers physical damage to the aircraft and legal liability arising out of its ownership and operation
Credit insurance – This includes the coverage of the risk of bad debts from insolvency, death and disability, loss of savings from bank failure and the risk of loss of export credit from commercial or political causes.
Title insurance – This guarantees the purchaser of real estate against loss from undiscovered defects in the title to property purchased.
Cyber liability insurance – This covers the financial losses that results from data breaches and other cyber events.