Anti-stacking provisions

{
  "id": "MLC-T-INS-000436",
  "term": "Anti-stacking provisions",
  "field": "Insurance and risk management",
  "definition": "Clauses in an insurance policy that prevent an insured from combining or accumulating the limits of liability from multiple policies or multiple coverages within a single policy for a single loss. These provisions are common in auto insurance, where they restrict an insured from stacking uninsured/underinsured motorist coverage limits from several vehicles or policies. They are designed to limit the insurer's maximum payout for a single occurrence.",
  "url": "https://mlchart.com/terminology/insurance/anti-stacking-provisions/"
}