liberalization clause
A liberalization clause is a provision that extends to persons already insured under a particular policy the broadened coverage features that may be introduced in subsequent editions of that policy form.
liberalization clause
A liberalization clause is a provision that extends to persons already insured under a particular policy the broadened coverage features that may be introduced in subsequent editions of that policy form.
Additional Information
In umbrella liability insurance, a clause specifying that coverage will be as broad as that provided by the primary liability policies.
