MLchartDataset catalogue

Third party

Term · Insurance and risk management · MLC-T-INS-003318

A person or entity not directly involved in an insurance contract but who may be affected by the actions of the insured or the insurer. This individual or organization can make a claim against the insured for damages or injuries. In liability insurance, the third party is the claimant seeking compensation from the policyholder.

Table 1. Record
IdentifierMLC-T-INS-003318
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003318",
  "term": "Third party",
  "field": "Insurance and risk management",
  "definition": "A person or entity not directly involved in an insurance contract but who may be affected by the actions of the insured or the insurer. This individual or organization can make a claim against the insured for damages or injuries. In liability insurance, the third party is the claimant seeking compensation from the policyholder.",
  "url": "https://mlchart.com/terminology/insurance/third-party/"
}

Record 3,448 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.