MLchartDataset catalogue

Sprinkler leakage coverage (SL)

Term · Insurance and risk management · MLC-T-INS-003149

Property insurance coverage that protects against direct physical loss or damage caused by the accidental discharge or leakage of water or other substances from an automatic sprinkler system. This coverage is distinct from fire insurance, as it applies even if no fire occurs. It typically covers damage to the insured property and its contents.

Table 1. Record
IdentifierMLC-T-INS-003149
FieldInsurance and risk management
AbbreviationSL
Record as JSON 
{
  "id": "MLC-T-INS-003149",
  "term": "Sprinkler leakage coverage (SL)",
  "field": "Insurance and risk management",
  "definition": "Property insurance coverage that protects against direct physical loss or damage caused by the accidental discharge or leakage of water or other substances from an automatic sprinkler system. This coverage is distinct from fire insurance, as it applies even if no fire occurs. It typically covers damage to the insured property and its contents.",
  "abbreviation": "SL",
  "url": "https://mlchart.com/terminology/insurance/sprinkler-leakage-coverage-sl/"
}

Record 3,192 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.