When it comes to protecting your business, liability insurance is often considered a must-have. However, not everyone may be familiar with this type of coverage. If you're in the market for liability insurance, it may be helpful to know some synonyms for this type of policy. Some common alternatives include 'risk management policy', 'liability coverage', and 'general liability insurance'. Each may have a slightly different focus, but all share the goal of shielding you from financial loss and minimizing the risks associated with your business operations. With the right liability insurance policy in place, you can breathe easier knowing you're covered if things go wrong.