Breach of warranty clause (BOW)
Term · Insurance and risk management · MLC-T-INS-000608
A provision in an insurance policy that states the insurer will not deny a claim due to a breach of warranty by the insured, provided the breach did not contribute to the loss. This clause often applies in situations where the insured has made a representation that turns out to be untrue, but the untruth was not causally linked to the event causing the damage. It is frequently found in marine insurance policies.
| Identifier | MLC-T-INS-000608 |
|---|---|
| Field | Insurance and risk management |
| Subject | Commercial Liability |
| Abbreviation | BOW |
Record as JSON
{
"id": "MLC-T-INS-000608",
"term": "Breach of warranty clause (BOW)",
"field": "Insurance and risk management",
"definition": "A provision in an insurance policy that states the insurer will not deny a claim due to a breach of warranty by the insured, provided the breach did not contribute to the loss. This clause often applies in situations where the insured has made a representation that turns out to be untrue, but the untruth was not causally linked to the event causing the damage. It is frequently found in marine insurance policies.",
"abbreviation": "BOW",
"subject": "Commercial Liability",
"url": "https://mlchart.com/terminology/insurance/breach-of-warranty-clause-bow/"
}
Record 380 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.