Casualty Insurance

Casualty insurance covers liabilities due to accidents and mishaps except those covered by other kinds of insurance. It includes the following:

1.) Employer's liability

2.) Workmen's compensation

3.) Burglary and theft

4.) Personal accident and health insurance written by non-life insurance companies

5.) Other kinds of insurance that are substantially similar

Third persons can sue the insurer in liability insurance if the policy provides for such. Hence, these third persons can sue the insurer because they have a beneficial interest in the policy's proceeds. If, however, the policy provides indemnity against actual loss or payment, third persons can't directly sue the insurer because the insurer's duty is simply to reimburse the insured for liabilities he pays to third persons.

Also remember that negligence is almost always a factor in accident insurance. The insurer thus becomes liable unless the injury in question was due to a voluntary/deliberate act.