Manifestation theory

Term · Insurance and risk management · MLC-T-INS-002117

A legal doctrine used in insurance to determine which policy applies to a loss that develops over time, such as environmental contamination or latent defects. Under this theory, coverage is triggered by the policy in effect when the damage or injury first becomes apparent or discoverable, regardless of when the causative event occurred. This approach contrasts with exposure or injury-in-fact theories.

Table 1. Record
Identifier	MLC-T-INS-002117
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-002117",
  "term": "Manifestation theory",
  "field": "Insurance and risk management",
  "definition": "A legal doctrine used in insurance to determine which policy applies to a loss that develops over time, such as environmental contamination or latent defects. Under this theory, coverage is triggered by the policy in effect when the damage or injury first becomes apparent or discoverable, regardless of when the causative event occurred. This approach contrasts with exposure or injury-in-fact theories.",
  "url": "https://mlchart.com/terminology/insurance/manifestation-theory/"
}

Record 2,087 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.