common disaster clause

common-disaster clause. A provision in a dispositive instrument, such as an insurance policy or a will, that seeks to cover the situation in which the transferor and transferee die in a common disaster. [Cases: Insurance 3485; Wills 543. C.J.S. Insurance § 1428; Wills § 1034.]
专业法律词汇 词条贡献者
译员Roger,毕业于欧洲一流的高级翻译学院,专注翻译各种与公共及基础设施融资有关的法律文件。
Scroll to Top