- exclusion clause
- /ɪk'sklu:ʒ(ə)n klɔ:z/ nouna clause in an insurance policy or warranty which says which items or events are not covered
Dictionary of banking and finance. 2015.
exclusion clause
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exclusion clause — See exemption clause. Collins dictionary of law. W. J. Stewart. 2001. exclusion clause … Law dictionary
Exclusion clause — An exclusion clause is a term in a contract that seeks to restrict the rights of the parties to the contract. Exclusion clauses generally fall into one of these categories:Traditionally, the district courts have sought to limit the operation of… … Wikipedia
exclusion clause — Insurance. a clause in a policy stipulating risks not covered in the policy. * * * … Universalium
exclusion clause — /əksˈkluʒən klɔz/ (say uhks kloohzhuhn klawz) noun a clause in an insurance policy stipulating risks not covered in the policy …
exclusion clause — /ɪk sklu:ʒ(ə)n klɔ:z/ noun a clause in an insurance policy or warranty which says which items or events are not covered … Marketing dictionary in english
exclusion clause — noun : a clause in an insurance policy barring certain losses or risks from coverage … Useful english dictionary
Nuclear exclusion clause — The nuclear exclusion clause is a clause which excludes damage caused by nuclear and radiation accidents from regular insurance policies of, for example, home owners. Example: Notwithstanding anything to the contrary herein, it is hereby… … Wikipedia
War Exclusion Clause — A clause in an insurance policy that specifically excludes coverage for acts of war such as invasion, insurrection, revolution, military coup and terrorism. A war exclusion clause in an insurance contract refers to protection for an insurer who… … Investment dictionary
Water Exclusion Clause — A restriction in a homeowner’s or renter’s insurance policy that denies coverage for certain water related claims. Types of water damage that are likely to fall under a water exclusion clause include damage caused by flood, tsunami,… … Investment dictionary
exclusion — ex‧clu‧sion [ɪkˈskluːʒn] noun [countable] 1. INSURANCE a particular event or risk that is mentioned in an insurance policy as something that the policy does not cover; = EXCEPTION: • Common exclusions in medical insurance policies are pregnancy … Financial and business terms
