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
What did you just call me?! A Quiz
-
- If a member of the audience describes your speech as bombastic, does that person mean it is:
Test your knowledge - and maybe learn something along the way.
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