Meaning Operative Clause
What does Operative Clause mean? Here you find 3 meanings of the word Operative Clause. You can also add a definition of Operative Clause yourself
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Operative ClauseThis clause in an insurance policy details the type of event insured against. Naturally, it varies greatly, depending on the type of policy involved
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Operative ClauseThe clause in a policy which sets out the circumstances in which the insurers will make claim payments.
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Operative ClauseThe insuring clause of a policy document which sets out the cover provided under the policy.
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| << Non-participating policy | Payer benefit >> |
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