Insurance Glossary C

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Commercial Property Policy ­ coverage for business risks including goods in transit, fire, burglary and theft. A common example is the Special Multiperil Insurance (SMP) policy.

Completed Operations Insurance type of insurance that cover's a contractor's liability for accidents arising out of jobs or operations that was completed by the contractor.

Composite Mercantile Insurance ­ is a policy that combines property insurance and liability insurance or some other combination of coverage into a single policy.

Comprehensive Major Medical Insurance health insurance policy that has a low deductible, high maximum benefits, a coinsurance feature, and may feature a copayment.

Comprehensive Personal Liability Insurance Provides individuals and family members with protection from legal liability for most accidents caused by them in their personal lives. Note that any legal liability claims submitted while in the course of business activities are not covered.

Comprehensive General Liability Insurance

Compulsory Insurance

Concealment

Conditional Binding Receipt

Conditionally Renewable

Conditions


Condominium Unit Owners Coverage Form

Confining


Consideration

Consequential Loss


Consequential Damage

Construction Bond

Contractors Protective

Contingent Annuity

Contingent Beneficiary


Contingent Liability

Contingent Business Interruption

Contingent Employers Liability

Contributing Property Business Interruption

Contract

Contractual Liability Insurance

Contributory

Contributory Negligence

Conversion Privilege


Convertible Term Insurance

Coordination of Benefits

Copay

Cost Basis

Cost of Living Rider

Coverage Period

Crop-Hail Insurance

Cross Purchase Agreement

Currently Insured Status

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