MLchartDataset catalogue

Usurped power

Term · Insurance and risk management · MLC-T-INS-003449

An organized, non-governmental force that seizes control of territory or governmental functions through rebellion, insurrection, or revolution. Standard property insurance policies almost universally exclude losses caused by a usurped power, placing it in the same category as war and other political risks. This exclusion distinguishes such events from civil commotion or riots, which may be covered depending on the specific policy language.

Table 1. Record
IdentifierMLC-T-INS-003449
FieldInsurance and risk management
SubjectEmployment Practices Liability
Record as JSON 
{
  "id": "MLC-T-INS-003449",
  "term": "Usurped power",
  "field": "Insurance and risk management",
  "definition": "An organized, non-governmental force that seizes control of territory or governmental functions through rebellion, insurrection, or revolution. Standard property insurance policies almost universally exclude losses caused by a usurped power, placing it in the same category as war and other political risks. This exclusion distinguishes such events from civil commotion or riots, which may be covered depending on the specific policy language.",
  "subject": "Employment Practices Liability",
  "url": "https://mlchart.com/terminology/insurance/usurped-power/"
}

Record 3,589 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.