Cross-liability endorsement

Term · Insurance and risk management · MLC-T-INS-003621

A provision added to a liability insurance policy that treats each insured party as if they were separately insured, even when they are all covered under the same policy. This allows one insured to make a claim against another insured under the same policy for covered damages. It is particularly relevant for policies covering multiple entities within a single corporate structure.

Table 1. Record
Identifier	MLC-T-INS-003621
Field	Insurance and risk management
Subject	Commercial Liability

Record as JSON

{
  "id": "MLC-T-INS-003621",
  "term": "Cross-liability endorsement",
  "field": "Insurance and risk management",
  "definition": "A provision added to a liability insurance policy that treats each insured party as if they were separately insured, even when they are all covered under the same policy. This allows one insured to make a claim against another insured under the same policy for covered damages. It is particularly relevant for policies covering multiple entities within a single corporate structure.",
  "subject": "Commercial Liability",
  "url": "https://mlchart.com/terminology/insurance/cross-liability-endorsement/"
}

Record 867 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.