What does Off-premise Clause mean? Read on to discover the definition & meaning of the term Off-premise Clause - to help you better understand the language used in insurance policies.
An off-premise clause is a clause in an insurance contract that stipulates that a policyholder will receive coverage for property that is stored in a separate location from the primary insured property. These clauses are often used in property insurance contracts for policyholders who cannot fit all of their items in one location.
We hope the you have a better understanding of the meaning of Off-premise Clause.