What is cut-though clause in insurance or reinsurance?
In the context of insurance or reinsurance, a "cut-through clause" is a contractual provision that allows a policyholder to bypass the normal claims process and make a direct claim against…
What is Claim Control Clause and Claim Cooperative Clause?
In the context of general insurance, the terms "claim control clause" and "claim cooperate clause" are not widely used or recognized industry-specific terms. However, I can provide you with an…
Cross Liability Clause – Explain with Simple Terms and Example
"Cross Liability Clause: It is hereby agreed and understood that if any claim or suit is brought against any insured party named in this policy, the coverage provided shall apply…
Project Risks for Tritium Removal Facility (TRF)
Tritium is a radioactive isotope of hydrogen that emits low-energy beta radiation. It is commonly produced in nuclear reactors, as well as in some research and industrial facilities. Due to…