MLchartDataset catalogue

Single interest insurance

Term · Insurance and risk management · MLC-T-INS-003090

Coverage that protects only one party's financial interest in a property, even if multiple parties have an insurable interest. This type of policy is often purchased by a lender to protect their collateral against damage or loss. It does not provide coverage for the borrower's equity in the property.

Table 1. Record
IdentifierMLC-T-INS-003090
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003090",
  "term": "Single interest insurance",
  "field": "Insurance and risk management",
  "definition": "Coverage that protects only one party's financial interest in a property, even if multiple parties have an insurable interest. This type of policy is often purchased by a lender to protect their collateral against damage or loss. It does not provide coverage for the borrower's equity in the property.",
  "url": "https://mlchart.com/terminology/insurance/single-interest-insurance/"
}

Record 3,188 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.