Elevator insurance
Term · Insurance and risk management · MLC-T-INS-001276
Coverage for liability arising from the ownership, maintenance, or use of elevators, escalators, and other lifting devices on a property. This policy protects against claims for bodily injury or property damage to third parties caused by an elevator malfunction or accident. It is often included as part of a broader commercial general liability policy.
| Identifier | MLC-T-INS-001276 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001276",
"term": "Elevator insurance",
"field": "Insurance and risk management",
"definition": "Coverage for liability arising from the ownership, maintenance, or use of elevators, escalators, and other lifting devices on a property. This policy protects against claims for bodily injury or property damage to third parties caused by an elevator malfunction or accident. It is often included as part of a broader commercial general liability policy.",
"url": "https://mlchart.com/terminology/insurance/elevator-insurance/"
}
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