MLchartDataset catalogue

Terrorism endorsement

Term · Insurance and risk management · MLC-T-INS-003305

An addition to an insurance policy that modifies or clarifies coverage for losses resulting from acts of terrorism. Following events like 9/11, many standard policies excluded terrorism, leading to the development of these endorsements, often offered under programs like the Terrorism Risk Insurance Act (TRIA). It specifies the conditions under which terrorism-related damages will be covered or excluded.

Table 1. Record
IdentifierMLC-T-INS-003305
FieldInsurance and risk management
SubjectExcess Umbrella
Record as JSON 
{
  "id": "MLC-T-INS-003305",
  "term": "Terrorism endorsement",
  "field": "Insurance and risk management",
  "definition": "An addition to an insurance policy that modifies or clarifies coverage for losses resulting from acts of terrorism. Following events like 9/11, many standard policies excluded terrorism, leading to the development of these endorsements, often offered under programs like the Terrorism Risk Insurance Act (TRIA). It specifies the conditions under which terrorism-related damages will be covered or excluded.",
  "subject": "Excess Umbrella",
  "url": "https://mlchart.com/terminology/insurance/terrorism-endorsement/"
}

Record 3,395 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.