Spousal coverage
Term · Insurance and risk management · MLC-T-INS-003146
An extension of a Directors and Officers (D&O) liability insurance policy that provides protection for the spouse of an insured director or officer. This coverage addresses claims where the spouse is named in a lawsuit solely due to their marital relationship with the insured, rather than for their own actions. It typically covers defense costs and judgments arising from such claims.
| Identifier | MLC-T-INS-003146 |
|---|---|
| Field | Insurance and risk management |
| Subject | Management Liability |
Record as JSON
{
"id": "MLC-T-INS-003146",
"term": "Spousal coverage",
"field": "Insurance and risk management",
"definition": "An extension of a Directors and Officers (D&O) liability insurance policy that provides protection for the spouse of an insured director or officer. This coverage addresses claims where the spouse is named in a lawsuit solely due to their marital relationship with the insured, rather than for their own actions. It typically covers defense costs and judgments arising from such claims.",
"subject": "Management Liability",
"url": "https://mlchart.com/terminology/insurance/spousal-coverage/"
}
Record 3,210 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.