pro rata clause

noun

: a clause in an insurance policy limiting an insurer's liability for a loss to a proportionate share in relation to coverage collectible from other insurers for the same loss

called also pro rata liability clause, standard other insurance clause

Dictionary Entries Near pro rata clause

Cite this Entry

“Pro rata clause.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/pro%20rata%20clause. Accessed 3 Feb. 2023.

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