Allegations
Term · Insurance and risk management · MLC-T-INS-000389
Statements or claims made by a party in a legal proceeding, asserting facts that they intend to prove. In insurance, allegations in a lawsuit or demand letter trigger the insurer's duty to defend the insured, even if the allegations are ultimately found to be false. The nature of the allegations determines whether a claim falls within policy coverage.
| Identifier | MLC-T-INS-000389 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000389",
"term": "Allegations",
"field": "Insurance and risk management",
"definition": "Statements or claims made by a party in a legal proceeding, asserting facts that they intend to prove. In insurance, allegations in a lawsuit or demand letter trigger the insurer's duty to defend the insured, even if the allegations are ultimately found to be false. The nature of the allegations determines whether a claim falls within policy coverage.",
"url": "https://mlchart.com/terminology/insurance/allegations/"
}
Record 121 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.