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Mysterious Disappearance Exclusion |
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Mysterious Disappearance Exclusion In insurance, a clause exempting the insurer from paying for a loss if an insured event occurs without explanation. This applies most commonly to property insurance. For example, an insurance policy on a diamond necklace may not provide the benefit if the necklace is lost or otherwise disappears for no apparent reason. The exclusion exists to prevent insurance fraud. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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