Monoline
Term · Insurance and risk management · MLC-T-INS-002220
An insurance policy that covers only one type of risk or line of business, rather than combining multiple coverages into a single package. For example, a monoline policy might cover only commercial auto liability or only property damage. This contrasts with a package policy, which bundles multiple coverages together.
| Identifier | MLC-T-INS-002220 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002220",
"term": "Monoline",
"field": "Insurance and risk management",
"definition": "An insurance policy that covers only one type of risk or line of business, rather than combining multiple coverages into a single package. For example, a monoline policy might cover only commercial auto liability or only property damage. This contrasts with a package policy, which bundles multiple coverages together.",
"url": "https://mlchart.com/terminology/insurance/monoline/"
}
Record 2,204 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.