MLchartDataset catalogue

Targeted tender

Term · Insurance and risk management · MLC-T-INS-003279

A legal strategy where an insured specifically directs a claim to one of several potentially applicable insurance policies, rather than notifying all policies that might respond. This approach is often used when an insured believes one policy offers superior coverage or when seeking to avoid certain policy limitations. The effectiveness of a targeted tender can depend on specific policy language and jurisdictional law.

Table 1. Record
IdentifierMLC-T-INS-003279
FieldInsurance and risk management
SubjectExcess Umbrella
Record as JSON 
{
  "id": "MLC-T-INS-003279",
  "term": "Targeted tender",
  "field": "Insurance and risk management",
  "definition": "A legal strategy where an insured specifically directs a claim to one of several potentially applicable insurance policies, rather than notifying all policies that might respond. This approach is often used when an insured believes one policy offers superior coverage or when seeking to avoid certain policy limitations. The effectiveness of a targeted tender can depend on specific policy language and jurisdictional law.",
  "subject": "Excess Umbrella",
  "url": "https://mlchart.com/terminology/insurance/targeted-tender/"
}

Record 3,367 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.