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WebMar 28, 2024 · Third-party insurance protects an insured from any legal liability due to the insured vehicle’s actions. This could include accidental death or injury caused by the … WebMay 17, 2024 · Public Liability Insurance. Public Liability Insurance, or PLI, is designed to protect business owners and their assets against losses associated with injury, property loss or damage, and other losses incurred by members of the public and/or third parties while on the business premises. This can include visitors to an office building, delivery ... WebFeb 17, 2024 · The two most common third-party insurance policies in construction are general liability insurance and professional liability insurance, also known as errors and omissions (E&O) insurance. Both of these policies cover contractors in situations where their work leaves them potentially liable for damages to a third party. home designs for corner blocks