Benefits payable exclusion
Term · Insurance and risk management · MLC-T-INS-000548
A provision in an insurance policy that specifically states certain types of payments or services will not be covered or reimbursed by the insurer. This exclusion limits the scope of the policy's coverage, preventing claims for events or conditions explicitly listed as not payable. For example, some health policies exclude cosmetic surgery.
| Identifier | MLC-T-INS-000548 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000548",
"term": "Benefits payable exclusion",
"field": "Insurance and risk management",
"definition": "A provision in an insurance policy that specifically states certain types of payments or services will not be covered or reimbursed by the insurer. This exclusion limits the scope of the policy's coverage, preventing claims for events or conditions explicitly listed as not payable. For example, some health policies exclude cosmetic surgery.",
"url": "https://mlchart.com/terminology/insurance/benefits-payable-exclusion/"
}
Record 314 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.