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Casualty insurance coverage is a broad category of protection towards loss of property, harm or other liabilities. Everyday examples include malpractice insurance, which is widespread in medical fields, and errors and omissions insurance (E&O), which protects companies and their employees towards claims made by purchasers and applies to any given industry. Some firms additionally invest in deferred compensation indemnity insurance coverage, which protects the cash that corporations anticipate to obtain in the future.
