American clause
What does American clause mean in American Law?
The definition of American clause in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
In marine insurance, a provision in a policy that, even if the insured procures additional insurance, the insurer will pay the full amount stipulated in his contract, without any right to claim contribution from any subsequent insurer.
Meaning of American Clause
In this law dictionary, the legal term american clause is a kind of the Marine insurance class.
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