Contrary to your expectations, casualty insurance is not limited to one type of insurance policy. Although the name implies death, it covers damages, loss, and liabilities pertaining to property, vehicle, workers compensation, homeowners, which the victim is injured due to occupational hazard and acts of omission on the part of the business owner or individual. In short, this insurance policy covers liability and losses due to injuries to a person and property damage.
The definition of casualty insurance covers the following insurance policies:
• Liability insurance
• Vehicle insurance
• Elevator insurance
• Theft insurance
• Workers compensation insurance
• Property insurance
• Crime insurance