Family exclusion
Term · Insurance and risk management · MLC-T-INS-001462
A provision in an insurance policy that denies coverage for claims brought by one family member against another family member who is also an insured under the same policy. This exclusion is common in liability policies, such as homeowners or auto insurance, to prevent collusive lawsuits or claims that arise from typical family disputes. In directors and officers (D&O) policies, it may exclude claims between family members who are both directors or officers.
| Identifier | MLC-T-INS-001462 |
|---|---|
| Field | Insurance and risk management |
| Subject | Management Liability |
Record as JSON
{
"id": "MLC-T-INS-001462",
"term": "Family exclusion",
"field": "Insurance and risk management",
"definition": "A provision in an insurance policy that denies coverage for claims brought by one family member against another family member who is also an insured under the same policy. This exclusion is common in liability policies, such as homeowners or auto insurance, to prevent collusive lawsuits or claims that arise from typical family disputes. In directors and officers (D&O) policies, it may exclude claims between family members who are both directors or officers.",
"subject": "Management Liability",
"url": "https://mlchart.com/terminology/insurance/family-exclusion/"
}
Record 1,330 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.