MLchartDataset catalogue

Discovery rule

Term · Insurance and risk management · MLC-T-INS-001190

A legal principle that postpones the running of a statute of limitations until the injured party discovers, or reasonably should have discovered, the injury or damage. This rule prevents a claim from being barred before the claimant even knows they have a cause of action. It is frequently applied in cases involving latent injuries or professional malpractice.

Table 1. Record
IdentifierMLC-T-INS-001190
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001190",
  "term": "Discovery rule",
  "field": "Insurance and risk management",
  "definition": "A legal principle that postpones the running of a statute of limitations until the injured party discovers, or reasonably should have discovered, the injury or damage. This rule prevents a claim from being barred before the claimant even knows they have a cause of action. It is frequently applied in cases involving latent injuries or professional malpractice.",
  "url": "https://mlchart.com/terminology/insurance/discovery-rule/"
}

Record 1,014 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.