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Mysterious Disappearance Exclusion

 
Barron's Insurance Dictionary:

Mysterious Disappearance Exclusion

Policy clause that excludes coverage for loss of property if the cause of the loss cannot be identified. Mysterious disappearance is an exclusion in a standard inland marine insurance all-risks policy. Because some theft insurance policies do not contain this exclusion, they implicitly insure against mysterious disappearance and would cover the loss of a diamond necklace, for example, even if the owner did not recall how it had been lost.

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Barron's Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.  Read more

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