MLchartDataset catalogue

Batch clause

Term · Insurance and risk management · MLC-T-INS-000541

A provision in an insurance policy, particularly in liability coverage, that treats multiple individual claims arising from a single, continuous, or related series of events as a single occurrence for the purpose of applying deductibles, limits, and retentions. This clause prevents the erosion of aggregate limits by numerous small claims from a common cause. It is often found in product liability or professional indemnity policies.

Table 1. Record
IdentifierMLC-T-INS-000541
FieldInsurance and risk management
Record as JSON
{
  "id": "MLC-T-INS-000541",
  "term": "Batch clause",
  "field": "Insurance and risk management",
  "definition": "A provision in an insurance policy, particularly in liability coverage, that treats multiple individual claims arising from a single, continuous, or related series of events as a single occurrence for the purpose of applying deductibles, limits, and retentions. This clause prevents the erosion of aggregate limits by numerous small claims from a common cause. It is often found in product liability or professional indemnity policies.",
  "url": "https://mlchart.com/terminology/insurance/batch-clause/"
}

Record 296 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.