Layered Liability

Layered Liability,

Layered Liability means,

  • Definition of Layered Liability: A way of taking out liability insurance in which the insurer, instead of accepting any part of the risk, accepts a level of coverage that often exceeds a large reduction or deduction. Insured at the expense of the insured, the cost of each incoming shift is usually lower than the previous one, but sometimes it depends on availability and market conditions.

Literal Meanings of Layered Liability

Layered:

Meanings of Layered:
  1. Explained in one or more degrees.

  2. Multiply (plants) in one layer.

Sentences of Layered
  1. Cover the potato and zucchini pieces in the skeleton.

Liability:

Meanings of Liability:
  1. The state of being legally responsible for something.

  2. Someone or something whose presence or behavior harms someone.

Sentences of Liability
  1. Once you contact the card protection system, you will no longer be liable for any damage.

  2. It is said that the party has become an obstacle in green politics.

Synonyms of Liability

drawback, hindrance, onus, weakness, impediment, fault, incrimination, disadvantage, handicap, accountability, Achilles heel, nuisance, responsibility, burden, legal responsibility, guilt, minus, millstone round one's neck, stumbling block, blameworthiness, weak spot/point, inconvenience, obstacle, cross, cumber, disbenefit, the rap, cross to bear, albatross, shortcoming