MLchartDataset catalogue

Forum selection clause

Term · Insurance and risk management · MLC-T-INS-001576

A contractual provision that designates a specific court, state, or country as the exclusive location for resolving any disputes arising from the contract. In insurance policies, this clause dictates where legal actions related to the policy must be filed. It aims to provide certainty and avoid litigation in multiple or unfavorable jurisdictions.

Table 1. Record
IdentifierMLC-T-INS-001576
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001576",
  "term": "Forum selection clause",
  "field": "Insurance and risk management",
  "definition": "A contractual provision that designates a specific court, state, or country as the exclusive location for resolving any disputes arising from the contract. In insurance policies, this clause dictates where legal actions related to the policy must be filed. It aims to provide certainty and avoid litigation in multiple or unfavorable jurisdictions.",
  "url": "https://mlchart.com/terminology/insurance/forum-selection-clause/"
}

Record 1,459 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.