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

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • 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 …   Australian English dictionary

  • 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

  • nuclear exclusion clause — noun or nuclear clause : a clause in a fire or similar insurance policy excluding loss from nuclear reaction or from nuclear radiation or radioactive contamination …   Useful english dictionary

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