Excess liability insurance is extra coverage that kicks in once an underlying policy hits its limits. Learn how it works and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...

Your business is responsible for the products you make, sell or distribute, as well as the completed services you provide. You can be held liable and accountable for any losses or damage if one of ...

Discover how backdated liability insurance offers protection for claims made before policy purchase. Learn its benefits, limitations, and applications in business.