Comprehensive guide on Officers and Directors Liability Insurance, covering protection against harm due to negligence. Essential for corporate governance.
Understand the Off Premises clause in Property Insurance, its definition, and how it extends coverage beyond the specified location in your policy.
Understand the concept of ownership of expirations in general insurance, an agreement that protects the originating agent or broker's information from being shared.
Learn about the Omnibus Clause in general insurance terms, a stipulation that extends coverage to other individuals not specifically named in the contract, enhancing the policy's definition of insured.
Explore the concept of open rating in general insurance, where insurers use state-allowed rates that were not previously approved. Learn how this system impacts policy pricing.
Learn what an 'Outpatient' means in the context of health insurance, including how they receive treatment without staying overnight in a hospital.
Learn about Owners, Landlords, and Tenants Liability Insurance, a form of liability insurance covering public spaces, providing protection against bodily injury or property damage caused by negligence.
Learn about open debits in health and life insurance, where designated territories are left without an assigned insurance agent. Explore its implications and relevance within the insurance domain.
Explore the meaning of office visits in health insurance, focusing on the services provided by physicians in their offices. Understand this essential aspect of health coverage.
Learn about 'Open Access' in health insurance, a concept that permits policyholders to visit specialists without referrals. Explore its benefits and implications.
Explore the ins and outs of ordinary life policies in life insurance. Learn how premiums are paid as long as the insured lives and the benefits of this type of insurance.
Discover how outage insurance provides critical coverage for lost earnings resulting from machinery failure due to insured perils. Learn why this property insurance is essential for safeguarding your business premises and financial stability.
Learn about over-the-counter (OTC) drugs, their definition, and their relevance in general insurance. Find out how OTC drugs impact your insurance policy.
Discover the definition of 'Overlie' in general insurance and understand how it relates to exceeding the usual capacity for insurance or reinsurance commitments.
Learn about additional structures covered by homeowners insurance—detached buildings such as tool sheds and garages on your property.
Discover the essentials of Owners and Contractors Protective Liability Policy, also known as independent contractors insurance, ensuring protection against contractor or subcontractor negligence.
Learn about optionally renewable health insurance contracts, where the insurer reserves the right to terminate the policy at specific intervals such as the policy anniversary or premium due date.
Discover the meaning of 'Offeree' in general insurance terms. Learn who the offeree is and the role they play when an offer is extended.
Explore the different ways in which a beneficiary can receive the payout of a life insurance policy. Learn about the optional modes of settlement in life insurance.
Learn about outcomes measurement in health insurance, a crucial method for assessing treatment provided to patients and their responses to each intervention.
Explore the definition of Occupational Accident in general insurance terms—an accident caused by a person's employment or that occurs while performing job duties.
Learn about the Omnibus Budget Reconciliation Act (OBRA) and its impact on health insurance, specifically in extending COBRA continuation coverage for disabled individuals from 18 to 29 months.
Learn about Omnibus Risk in Property Insurance, specifically how having several tenants conducting different businesses in the same building can impact insurance coverage and risk management.
Discover the role of open-end investment companies in pensions. Learn how mutual funds are managed by investment advisers to benefit shareholders.
