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 26 Nov. 2024.
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