Railroad protective liability RRP
Term · Insurance and risk management · MLC-T-INS-002789
A specialized liability insurance policy purchased by contractors or other entities performing work on or adjacent to railroad property. It protects the railroad from liability claims arising from the contractor's operations, including bodily injury to railroad employees or damage to railroad property. The policy typically covers the railroad's sole negligence and the joint negligence of the railroad and the contractor.
| Identifier | MLC-T-INS-002789 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002789",
"term": "Railroad protective liability RRP",
"field": "Insurance and risk management",
"definition": "A specialized liability insurance policy purchased by contractors or other entities performing work on or adjacent to railroad property. It protects the railroad from liability claims arising from the contractor's operations, including bodily injury to railroad employees or damage to railroad property. The policy typically covers the railroad's sole negligence and the joint negligence of the railroad and the contractor.",
"url": "https://mlchart.com/terminology/insurance/railroad-protective-liability-rrp/"
}
Record 2,846 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.