Purpose-not-designated exclusion

Term · Insurance and risk management · MLC-T-INS-002770

A policy provision that denies coverage for losses arising from property or equipment used for a purpose other than its intended or designated function. This exclusion prevents claims when an insured item is misused, leading to damage or liability. For instance, a vehicle insured for personal use might be excluded from coverage if used for commercial delivery.

Table 1. Record
Identifier	MLC-T-INS-002770
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-002770",
  "term": "Purpose-not-designated exclusion",
  "field": "Insurance and risk management",
  "definition": "A policy provision that denies coverage for losses arising from property or equipment used for a purpose other than its intended or designated function. This exclusion prevents claims when an insured item is misused, leading to damage or liability. For instance, a vehicle insured for personal use might be excluded from coverage if used for commercial delivery.",
  "url": "https://mlchart.com/terminology/insurance/purpose-not-designated-exclusion/"
}

Record 2,825 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.