MLchartDataset catalogue

Automobile liability excess indemnity

Term · Insurance and risk management · MLC-T-INS-000501

Insurance coverage that provides additional protection above the limits of a primary automobile liability policy. It activates once the underlying policy's limits are exhausted in a claim. This type of coverage is often purchased by individuals or businesses seeking higher financial protection against large liability judgments.

Table 1. Record
IdentifierMLC-T-INS-000501
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-000501",
  "term": "Automobile liability excess indemnity",
  "field": "Insurance and risk management",
  "definition": "Insurance coverage that provides additional protection above the limits of a primary automobile liability policy. It activates once the underlying policy's limits are exhausted in a claim. This type of coverage is often purchased by individuals or businesses seeking higher financial protection against large liability judgments.",
  "url": "https://mlchart.com/terminology/insurance/automobile-liability-excess-indemnity/"
}

Record 257 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.