Definition - What does Casualty Protection mean?
Casualty protection, also known as casualty insurance is different from life or health insurance. It is basically the coverage provided to individuals and organization for negligence or omission. The term, however, is also used for property insurance for various industries.
Justipedia explains Casualty Protection
One of the main examples of casualty protection seen today is that of automobile insurance. This can be liability only (meaning that only the damage done to the other person's property or vehicle is covered) or it can be full coverage (which means that damage to the other person's property or vehicle and the vehicle of the insured are both covered).