SINCE 1828
no-action clause
noun
no-ac·tion clause
Legal Definition of no-action clause
: a clause in an insurance contract providing that the insurer does not have to pay unless and until a judgment against the insured is obtained
Comments on no-action clause
What made you want to look up no-action clause? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
Name that Food Quiz
-
- Name these cookies!
Can you spell these 10 commonly misspelled words?
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZ
Share no-action clause
Resources for no-action clause