MLchartDataset catalogue

Noncertified act of terrorism

Term · Insurance and risk management · MLC-T-INS-002321

An act of terrorism that does not meet the specific criteria established by the Terrorism Risk Insurance Act (TRIA) for federal certification. While a certified act triggers federal backstop for insurers, a noncertified act does not. Coverage for noncertified acts depends entirely on the specific terms and exclusions of the individual insurance policy, often requiring a separate terrorism endorsement.

Table 1. Record
IdentifierMLC-T-INS-002321
FieldInsurance and risk management
SubjectInterline Coverage
Record as JSON 
{
  "id": "MLC-T-INS-002321",
  "term": "Noncertified act of terrorism",
  "field": "Insurance and risk management",
  "definition": "An act of terrorism that does not meet the specific criteria established by the Terrorism Risk Insurance Act (TRIA) for federal certification. While a certified act triggers federal backstop for insurers, a noncertified act does not. Coverage for noncertified acts depends entirely on the specific terms and exclusions of the individual insurance policy, often requiring a separate terrorism endorsement.",
  "subject": "Interline Coverage",
  "url": "https://mlchart.com/terminology/insurance/noncertified-act-of-terrorism/"
}

Record 2,317 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.