owner’s policy. Real estate. A title-insurance policy covering the owner’s title as well as the mortgagee’s interest. Cf. MORTGAGEE POLICY. [Cases: Insurance 2610; Mortgages 201. C.J.S. Insurance §§ 57, 1061, 1232–1235, 1237; Mortgages §§ 311–314.]
A multiperil policy providing coverage for a variety of risks, including loss by fire, water, burglary, and the homeowner’s negligent conduct.
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mortgagee policy. A title-insurance policy that covers only the mortgagee’s title and not the owner’s title. Cf. OWNER’S POLICY. [Cases: Mortgages 201. C.J.S. Mortgages §§ 311–314.]
An insurance policy providing protection against multiple perils and losses of both the insured and third parties. • A homeowner’s policy is usu. a package policy.
An insurance policy that covers several types of losses, such as a homeowner’s policy that covers losses from fire, theft, and personal injury. — Also termed named-perils policy.
multiperil policy 复合险种保单 该保单的承保范围及于多种损失，如房主保单〔homeowner’s policy〕即承保火灾、失窃和人身伤害的损失。又作named-peril’s policy。
omnibus clause. 1. A provision in an automobile-insurance policy that extends coverage to all drivers operating the insured vehicle with the owner’s permission. [Cases: Insurance 2663. C.J.S. Insurance §§ 1054–1055.] statutory omnibus clause. Insurance. An omnibus clause provided by statute. 2. RESIDUARY CLAUSE.
copyright misuse. In an infringement action, an affirmative defense based on the copyright owner’s use of a license to restrain trade or in any other manner that is against public policy. • The defense, roughly parallel to the declining patent-misuse defense, was invoked, for example, to prevent the American Medical Association from enforcing its copyright