Noon clause

{
  "id": "MLC-T-INS-002362",
  "term": "Noon clause",
  "field": "Insurance and risk management",
  "definition": "A specific provision in an insurance policy that designates 12:00 PM (noon) as the exact time when coverage begins or ends on the effective date. This clause establishes a clear and consistent start or end point for the policy period, preventing ambiguity regarding coverage in the event of a loss occurring on the transition day. It is commonly found in property and casualty insurance contracts.",
  "url": "https://mlchart.com/terminology/insurance/noon-clause/"
}