Specified holder
Term · Insurance and risk management · MLC-T-INS-003138
An individual or entity explicitly named in an insurance policy as having an insurable interest or a right to receive benefits. This designation grants them specific rights or protections under the policy terms. Examples include a mortgagee on a property policy or an additional insured on a liability policy.
| Identifier | MLC-T-INS-003138 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003138",
"term": "Specified holder",
"field": "Insurance and risk management",
"definition": "An individual or entity explicitly named in an insurance policy as having an insurable interest or a right to receive benefits. This designation grants them specific rights or protections under the policy terms. Examples include a mortgagee on a property policy or an additional insured on a liability policy.",
"url": "https://mlchart.com/terminology/insurance/specified-holder/"
}
Record 3,240 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.