Home foreign

Term · Insurance and risk management · MLC-T-INS-003667

A liability program placed in the insured's home country, typically the United States, that covers the insured's operations and products abroad, including suits brought in foreign courts, rather than relying on a policy issued locally in each country. Locally issued policies are added only where law requires admitted coverage, which separates it from a controlled master program. The package form combines foreign general liability, contingent auto liability, and voluntary workers' compensation for employees posted overseas.

Table 1. Record
Identifier	MLC-T-INS-003667
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-003667",
  "term": "Home foreign",
  "field": "Insurance and risk management",
  "definition": "A liability program placed in the insured's home country, typically the United States, that covers the insured's operations and products abroad, including suits brought in foreign courts, rather than relying on a policy issued locally in each country. Locally issued policies are added only where law requires admitted coverage, which separates it from a controlled master program. The package form combines foreign general liability, contingent auto liability, and voluntary workers' compensation for employees posted overseas.",
  "url": "https://mlchart.com/terminology/insurance/home-foreign/"
}

Record 1,644 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.