MLchartDataset catalogue

Standby assistance

Term · Insurance and risk management · MLC-T-INS-003168

A pre-arranged agreement for support or resources that can be activated in the event of a crisis or emergency, particularly in business continuity planning. This involves having personnel, equipment, or facilities ready for deployment to mitigate losses and maintain operations. It is a proactive risk management strategy to reduce downtime after a disruptive event.

Table 1. Record
IdentifierMLC-T-INS-003168
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003168",
  "term": "Standby assistance",
  "field": "Insurance and risk management",
  "definition": "A pre-arranged agreement for support or resources that can be activated in the event of a crisis or emergency, particularly in business continuity planning. This involves having personnel, equipment, or facilities ready for deployment to mitigate losses and maintain operations. It is a proactive risk management strategy to reduce downtime after a disruptive event.",
  "url": "https://mlchart.com/terminology/insurance/standby-assistance/"
}

Record 3,275 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.