MLchartDataset catalogue

Related product liability exclusion

Term · Insurance and risk management · MLC-T-INS-002867

A provision in an insurance policy that denies coverage for claims arising from product liability when the product is related to another product that caused the initial loss. This exclusion prevents a cascade of claims from interconnected products, limiting the insurer's exposure. It is often found in policies covering manufacturers or distributors of complex systems.

Table 1. Record
IdentifierMLC-T-INS-002867
FieldInsurance and risk management
Record as JSON
{
  "id": "MLC-T-INS-002867",
  "term": "Related product liability exclusion",
  "field": "Insurance and risk management",
  "definition": "A provision in an insurance policy that denies coverage for claims arising from product liability when the product is related to another product that caused the initial loss. This exclusion prevents a cascade of claims from interconnected products, limiting the insurer's exposure. It is often found in policies covering manufacturers or distributors of complex systems.",
  "url": "https://mlchart.com/terminology/insurance/related-product-liability-exclusion/"
}

Record 2,931 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.