Omnibus clause

Omnibus clause

An omnibus clause is a clause that provides or includes all residuary not specifically mentioned.

A very common omnibus clause deals with automobile liability insurance. The clause provides coverage for the named insured, any member of the insured's household, and to any person using the automobile with the insured's permission, provided the use was within the scope of permission.

A second common omnibus clause is used in wills. The clause distributes to the named beneficiary all unnamed assets included in the decedent's estate.



Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • omnibus clause — om·ni·bus clause / äm ni ˌbəs / n 1: a clause in a will, decree, or security agreement that stipulates the disposition or status of property not specifically named 2: a clause in a vehicle insurance policy that provides coverage for those who use …   Law dictionary

  • omnibus clause — noun : a clause or section (as of a contract or statute) intended to cover various items not otherwise specifically covered; especially : a clause in an automobile insurance policy that extends protection to others than the named insured * * *… …   Useful english dictionary

  • omnibus clause — Clause in a will or decree of distribution passing all property not specifically mentioned or known of at the time. Such a clause in automotive liability policy extends coverage thereunder to person using automobile owned by named insured with… …   Black's law dictionary

  • omnibus clause — Insurance. a clause, esp. in an automobile liability policy, extending coverage to persons other than the insured named in the policy. * * * …   Universalium

  • omnibus clause — A clause in an automobile liability insurance policy, providing that the term insured includes the named insured and also any other person while using the automobile and any person or organization legally responsible for the use thereof, provided …   Ballentine's law dictionary

  • statutory omnibus clause — n: a statutory provision requiring that coverage of an automobile insurance policy be extended to a person using the vehicle with the express or implied permission of the insured compare omnibus clause 2 Merriam Webster’s Dictionary of Law.… …   Law dictionary

  • Omnibus — may refer to: Contents 1 See also Law Omnibus bill, a single legislative document containing many laws or amendments Omnibus spending bill, a single legislative document that sets the budget of many government departments Omnibus clause …   Wikipedia

  • omnibus — /ˈɒmnɪbəs / (say omnibuhs), / bʌs/ (say bus) noun (plural omnibuses) 1. (now chiefly found in the names of bus companies) a bus (def. 1). 2. a volume of reprinted works by a single author or related in interest or nature. –adjective 3. relating… …  

  • Omnibus bill — An omnibus bill, from the Latin omnibus meaning for everything, is a single document that is accepted in a single vote by a legislature but packages together several measures into one or combines diverse subjects into a single bill. Examples are… …   Wikipedia

  • clause — Synonyms and related words: adjectival phrase, article, back matter, bill, book, boundary condition, calendar, catch, chapter, column, companion bills amendment, condition, construction, donnee, dragnet clause, enacting clause, escalator clause,… …   Moby Thesaurus

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”