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LSDefine

Simple English definitions for legal terms

loss-of-use exclusion

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A quick definition of loss-of-use exclusion:

Loss-of-use exclusion is a term used in insurance policies that means certain events or conditions are not covered. For example, if a person's car is damaged and they cannot use it, the loss of use may not be covered by their insurance policy. This is called a loss-of-use exclusion. Other types of exclusions include pollution exclusion, employee-liability exclusion, and expected/intended exclusion. These exclusions are meant to limit the liability of the insurance company and protect them from certain types of claims.

A more thorough explanation:

A loss-of-use exclusion is a provision in some insurance policies that excludes coverage for certain events or conditions. For example, a failure-to-perform exclusion may exclude coverage for the loss of use of undamaged property resulting from the insured's delay or failure in performing an obligation.

Other examples of exclusions include:

  • Automobile exclusion: excludes coverage for damages arising from the use of a vehicle owned, operated, rented, or borrowed by the insured.
  • Business-risk exclusion: excludes coverage for common risks of doing business, such as harm to the insured's product or work.
  • Pollution exclusion: excludes coverage for bodily injury or property damages arising from the discharge, dispersal, release, or escape of pollutants.

These exclusions limit the scope of coverage provided by the insurance policy. For example, if a business has a failure-to-perform exclusion in their policy and fails to deliver a product on time, resulting in the loss of use of undamaged property, they may not be covered for the resulting damages.

loss-of-chance doctrine | loss-payable clause

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General

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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