What is the primary focus of casualty insurance?

The primary focus of casualty insurance revolves around providing protection against the financial consequences of negligent acts that result in bodily injury or property damage to others. This form of insurance is essential for individuals and businesses alike as it safeguards against legal liabilities that may arise from accidents, errors, or omissions.

Casualty insurance typically includes various types of liability coverage, such as general liability, professional liability, and auto liability insurance. It is designed to ensure that if an individual or entity is found legally responsible for causing harm to another person or their property, the insurance will cover the associated costs, including legal fees, medical expenses for the injured party, and damages awarded in lawsuits.

While protection from property loss, as referenced in one of the other options, is important, it is not the central theme of casualty insurance. That aspect is more accurately aligned with property insurance. Options related to annuity payouts and funeral expenses fall outside the realm of casualty insurance, which concentrates primarily on liability-related risks.