What is Sanctions Limitation and Exclusion | Insurance glossary by upcover

This clause excludes insurance obligations that would contravene trade or economic sanctions imposed by governments or international bodies. For example, if an insured exports goods to a sanctioned country and a claim arises, the insurer cannot lawfully pay. It ensures compliance with legal restrictions while maintaining transparency about cover boundaries.

Related Terms

Statutory Liability Insurance (Business Pack)

Hygiene Inspection Claim

Noise Complaints (Hospitality)

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Related Term

Statutory Liability Insurance (Business Pack)

Hygiene Inspection Claim

Noise Complaints (Hospitality)

All Category

Financial

Legal

Insurance Documents

Fundraising

Employment

Policy

Risk Management

E&O

D&O

Commercial Insurance

Cyber

Compliance

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