exclusion clause

exclusion clause
a clause in a policy stipulating risks not covered in the policy.

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Universalium. 2010.

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  • 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

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  • 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 [ɪkˈskluːʒn] 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

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