Access to records clause

{
  "id": "MLC-T-INS-000286",
  "term": "Access to records clause",
  "field": "Insurance and risk management",
  "definition": "A contractual provision in an insurance or reinsurance agreement granting the insurer or reinsurer the right to inspect the policyholder's or ceding company's books and records. This right is limited to information pertinent to the insurance contract, such as data used for premium calculation or details substantiating a claim. The clause specifies the terms of the audit, including notice periods and the scope of documents available for review, to verify compliance and accuracy.",
  "url": "https://mlchart.com/terminology/insurance/access-to-records-clause/"
}