00:56 Jan 29, 2015 |
Chinese to English translations [PRO] Insurance / Comprehensive Industry Liability Insurance Contract | |||||||
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Summary of answers provided | ||||
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5 | Tort Liability |
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Discussion entries: 1 | |
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Tort Liability Explanation: In regards to the sections related to him/her registered as the insured in other contracts or agreements (including the indemnity incurred by work for the municipality), compensation shall be settled with accordance to his/her tort liabilities in terms of “physical injury” or “damage to property” against a third party (a person or institution) on behalf of either party herein, defined in such sections aforesaid. Tort liability is not contractual; so, it is based on law, rather than contract or agreement. Reference: http://www.businessdictionary.com/definition/tort-liability.... |
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