MLchartDataset catalogue

Commercial property policy

Term · Insurance and risk management · MLC-T-INS-000834

An insurance policy that protects businesses from financial losses due to damage or destruction of their physical assets, such as buildings, equipment, inventory, and business personal property. It typically covers perils like fire, windstorm, vandalism, and theft. This policy is a cornerstone of a business's risk management strategy, safeguarding its tangible assets.

Table 1. Record
IdentifierMLC-T-INS-000834
FieldInsurance and risk management
SubjectCommercial Property
Record as JSON 
{
  "id": "MLC-T-INS-000834",
  "term": "Commercial property policy",
  "field": "Insurance and risk management",
  "definition": "An insurance policy that protects businesses from financial losses due to damage or destruction of their physical assets, such as buildings, equipment, inventory, and business personal property. It typically covers perils like fire, windstorm, vandalism, and theft. This policy is a cornerstone of a business's risk management strategy, safeguarding its tangible assets.",
  "subject": "Commercial Property",
  "url": "https://mlchart.com/terminology/insurance/commercial-property-policy/"
}

Record 635 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.