Vendors endorsement
Term · Insurance and risk management · MLC-T-INS-003472
An addition to a product liability insurance policy that extends coverage to a vendor selling the insured's products. This endorsement protects the vendor from claims alleging bodily injury or property damage caused by the product. It typically specifies the conditions under which the vendor is covered, such as proper handling and sale of the product.
| Identifier | MLC-T-INS-003472 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003472",
"term": "Vendors endorsement",
"field": "Insurance and risk management",
"definition": "An addition to a product liability insurance policy that extends coverage to a vendor selling the insured's products. This endorsement protects the vendor from claims alleging bodily injury or property damage caused by the product. It typically specifies the conditions under which the vendor is covered, such as proper handling and sale of the product.",
"url": "https://mlchart.com/terminology/insurance/vendors-endorsement/"
}
Record 3,616 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.