Nonfiled line of coverage

{
  "id": "MLC-T-INS-002335",
  "term": "Nonfiled line of coverage",
  "field": "Insurance and risk management",
  "definition": "An insurance product or coverage type for which an insurer is not required to submit its rates and policy forms to state insurance departments for approval. These lines of coverage are typically found in the surplus lines market, where unique or specialized risks are insured. Examples include certain types of professional liability or cyber insurance.",
  "url": "https://mlchart.com/terminology/insurance/nonfiled-line-of-coverage/"
}