Severability of interests clause

Term · Insurance and risk management · MLC-T-INS-003070

A provision in an insurance policy, often found in liability coverage, that treats each insured party as if they were the only insured under the policy. This means that a breach of policy conditions or an exclusion applicable to one insured does not prejudice the rights of other insureds. Each insured's coverage is considered separately from the others.

Table 1. Record
Identifier	MLC-T-INS-003070
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-003070",
  "term": "Severability of interests clause",
  "field": "Insurance and risk management",
  "definition": "A provision in an insurance policy, often found in liability coverage, that treats each insured party as if they were the only insured under the policy. This means that a breach of policy conditions or an exclusion applicable to one insured does not prejudice the rights of other insureds. Each insured's coverage is considered separately from the others.",
  "url": "https://mlchart.com/terminology/insurance/severability-of-interests-clause/"
}

Record 3,117 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.