Intrapolicy stacking
Term · Insurance and risk management · MLC-T-INS-001911
The aggregation of coverage limits within a single insurance policy to cover a single loss, typically involving uninsured or underinsured motorist coverage. This allows an insured to combine the limits for multiple vehicles listed on one policy to increase the total available compensation. The availability of intrapolicy stacking depends on state law and the specific policy language.
| Identifier | MLC-T-INS-001911 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-001911",
"term": "Intrapolicy stacking",
"field": "Insurance and risk management",
"definition": "The aggregation of coverage limits within a single insurance policy to cover a single loss, typically involving uninsured or underinsured motorist coverage. This allows an insured to combine the limits for multiple vehicles listed on one policy to increase the total available compensation. The availability of intrapolicy stacking depends on state law and the specific policy language.",
"url": "https://mlchart.com/terminology/insurance/intrapolicy-stacking/"
}
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