Finance English
Insurance

¿Qué es Responsabilidad legal?

Responsabilidad legal The legally enforceable obligation of an insurer or insured to compensate a third party for loss or damage caused by acts, omissions, or negligence, as established by law, contract, or court judgment. Central to liability insurance products.

Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

How is “Responsabilidad legal” Used in Practice?

Una póliza de responsabilidad general cubre la responsabilidad legal del asegurado por lesiones corporales o daños a terceros.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

¿Qué es Responsabilidad legal?

The legally enforceable obligation of an insurer or insured to compensate a third party for loss or damage caused by acts, omissions, or negligence, as established by law, contract, or court judgment. Central to liability insurance products.

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