public-liability insurance

[ puhb-lik-lahy-uh-bil-i-tee ]
/ ˈpʌb lɪkˌlaɪ əˈbɪl ɪ ti /

noun

insurance covering the insured against risks involving liability to the public for damages arising from negligence.

British Dictionary definitions for public-liability insurance

public-liability insurance

noun

(in Britain) a form of insurance that pays compensation to a member of the public suffering injury or damage as a result of the policyholder or his employees failing to take reasonable care