Nexus
Term · Insurance and risk management · MLC-T-INS-003696
A connection or link between two or more things, such as an event and a resulting loss, or between an insured peril and the damage sustained. In insurance, establishing a clear nexus is necessary to determine coverage and liability. For example, a causal nexus must exist between a negligent act and the injury for a liability claim to be valid.
| Identifier | MLC-T-INS-003696 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003696",
"term": "Nexus",
"field": "Insurance and risk management",
"definition": "A connection or link between two or more things, such as an event and a resulting loss, or between an insured peril and the damage sustained. In insurance, establishing a clear nexus is necessary to determine coverage and liability. For example, a causal nexus must exist between a negligent act and the injury for a liability claim to be valid.",
"url": "https://mlchart.com/terminology/insurance/nexus/"
}
Record 2,264 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.