Insurance Clause
/ɪnˈʃʊərəns klɔːz/
Definitions
- (n.) A provision in a contract that requires one or more parties to maintain specified insurance coverage.
The insurance clause in the lease mandates that the tenant carry liability insurance.
- (n.) A contractual term that allocates risk by defining the types and limits of insurance obligations between parties.
Before signing, review the insurance clause to ensure adequate risk protection.
Forms
- insurance clause
- insurance clauses
Related terms
See also
Commentary
Insurance clauses are critical for risk management and often specify required coverages, limits, and parties responsible for insurance; precise language avoids coverage gaps or disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.