What does Saline Substances Contamination Endorsement mean? Read on to discover the definition & meaning of the term Saline Substances Contamination Endorsement - to help you better understand the language used in insurance policies.
Saline Substances Contamination Endorsement
An Insurance Services Office, Inc. (ISO), general liability endorsement (CG 22 47) excluding coverage for liability associated with saline substances used in oil and gas drilling operations. The term "saline substances" refers to drilling "mud" or fluid and saltwater pumped into a well to stimulate oil recovery.
More Insurance Terms And Definitions
The Merriam-Webster Dictionary defines insurance as:
b: Coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.
c: The sum for which something is insured.
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