Upset coverage
Term · Insurance and risk management · MLC-T-INS-003446
Insurance protection for damage to equipment or machinery caused by its overturning or tipping over. This coverage is commonly found in inland marine policies for mobile equipment, such as cranes, excavators, or farm machinery. It addresses the physical damage to the equipment itself, distinct from liability for damage caused to other property or persons.
| Identifier | MLC-T-INS-003446 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003446",
"term": "Upset coverage",
"field": "Insurance and risk management",
"definition": "Insurance protection for damage to equipment or machinery caused by its overturning or tipping over. This coverage is commonly found in inland marine policies for mobile equipment, such as cranes, excavators, or farm machinery. It addresses the physical damage to the equipment itself, distinct from liability for damage caused to other property or persons.",
"url": "https://mlchart.com/terminology/insurance/upset-coverage/"
}
Record 3,546 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.