MLchartDataset catalogue

Severability of exclusions

Term · Insurance and risk management · MLC-T-INS-003733

A policy provision stating that an exclusion applicable to one insured party does not necessarily apply to other insured parties under the same policy. This clause prevents the wrongful acts of one insured from voiding coverage for innocent co-insureds. It is particularly relevant in liability policies covering multiple individuals or entities.

Table 1. Record
IdentifierMLC-T-INS-003733
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003733",
  "term": "Severability of exclusions",
  "field": "Insurance and risk management",
  "definition": "A policy provision stating that an exclusion applicable to one insured party does not necessarily apply to other insured parties under the same policy. This clause prevents the wrongful acts of one insured from voiding coverage for innocent co-insureds. It is particularly relevant in liability policies covering multiple individuals or entities.",
  "url": "https://mlchart.com/terminology/insurance/severability-of-exclusions/"
}

Record 3,116 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.