Product

Term · Insurance and risk management · MLC-T-INS-002695

Any goods or products, other than real property, that are manufactured, sold, handled, distributed, or disposed of by the insured or others trading under their name. For insurance purposes, the definition extends to include containers, materials, parts, or equipment furnished in connection with such goods. A product is considered relinquished once it has left the physical possession of the insured, which is a key trigger for products-completed operations coverage.

Table 1. Record
Identifier	MLC-T-INS-002695
Field	Insurance and risk management
Subject	Businessowners Policy

Record as JSON

{
  "id": "MLC-T-INS-002695",
  "term": "Product",
  "field": "Insurance and risk management",
  "definition": "Any goods or products, other than real property, that are manufactured, sold, handled, distributed, or disposed of by the insured or others trading under their name. For insurance purposes, the definition extends to include containers, materials, parts, or equipment furnished in connection with such goods. A product is considered relinquished once it has left the physical possession of the insured, which is a key trigger for products-completed operations coverage.",
  "subject": "Businessowners Policy",
  "url": "https://mlchart.com/terminology/insurance/product/"
}

Record 2,698 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.