Corridor self-insured retention

Term · Insurance and risk management · MLC-T-INS-000989

A specific amount of loss that an insured must bear after an underlying insurance policy's limits have been exhausted, but before an excess or umbrella policy begins to pay. This creates a gap in coverage where the insured retains the risk. It functions similarly to a corridor deductible but is typically associated with larger commercial risks and self-insurance programs.

Table 1. Record
Identifier	MLC-T-INS-000989
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-000989",
  "term": "Corridor self-insured retention",
  "field": "Insurance and risk management",
  "definition": "A specific amount of loss that an insured must bear after an underlying insurance policy's limits have been exhausted, but before an excess or umbrella policy begins to pay. This creates a gap in coverage where the insured retains the risk. It functions similarly to a corridor deductible but is typically associated with larger commercial risks and self-insurance programs.",
  "url": "https://mlchart.com/terminology/insurance/corridor-self-insured-retention/"
}

Record 789 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.