sue-and-labor clause

noun

: a clause in marine insurance contracts by which the insured agrees to take steps necessary to safeguard the covered property from loss or to minimize losses that occur and the insurer agrees to pay for the reasonable costs of such steps

Dictionary Entries Near sue-and-labor clause

sue

sue-and-labor clause

sue out

Cite this Entry

“Sue-and-labor clause.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/sue-and-labor%20clause. Accessed 21 Nov. 2024.

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