liability insurance
noun[U]
INSURANCEukus(alsoliability cover)insurancethat youbuytoprotectyourself incasesomething or someone you areresponsiblefor isdamagedorinjuredin some way:
Thehospitalsmustbuyliabilityinsurancenot only fordoctorstheyemploy, but also for thehospitalsthemselves.