Terms starting with C
A contract carrier is a type of transportation company that provides services exclusively to specific customers or shippers. The term refers to a carrier that operates under a contract with...
A corridor deductible is a type of insurance deductible that is commonly used in health insurance policies but is becoming more popular in property and casualty insurance. The term refers...
A construction defect refers to a flaw or deficiency in the design, materials, or workmanship of a building or structure. It is a term used in insurance and construction industry...
A contract of adhesion, a term often encountered in insurance and legal contexts, refers to a type of agreement in which one party, typically the one with greater bargaining power,...
Contingent liability, a term frequently encountered in insurance and financial contexts, refers to a potential financial obligation that may arise from future events or conditions that are uncertain or not...
Cyber extortionist, by definition, may refer to an individual or group who uses the internet, email, or other forms of technology to threaten victims with the release of private or...
Consequential loss may refer to economic loss caused by damage to property or other losses suffered due to a breach of contract. Consequential loss is typically defined as "losses which...
Cyber extortion may refer to using computer networks, including the Internet, to unlawfully obtain money, property, or services from a victim by threatening to cause damage to the victim's reputation...
A cyber attack is an individual or group of individuals attempting to exploit vulnerabilities in computer systems, networks, or other digital devices to steal or damage sensitive data, disrupt services,...
Causes of loss may refer to losses that occur when something has been damaged, destroyed, or stolen. Causes of loss generally refer to the direct physical loss or property damage...
Cyber Insurance is a type of insurance that covers losses related to cyber-attacks, data breaches, and other IT related risks. It is designed to protect businesses and individuals from the...
Cyber exposure may refer to a business's potential financial losses due to a cyber security incident. In other words, it is the risk that a company is exposed to when...
Casualty insurance is a term defining liability insurance that protects parties if they are legally liable for damages to another party or their property. This type of insurance can cover...
A commercial insurance endorsement is known as a rider or clause and enables companies to change while offering protection. It’s an attached document that becomes part of an insurance policy,...
Claims audit may refer to reviewing the claims submitted by a policyholder to an insurance company to verify their accuracy and completeness. During a claims audit, the insurer will review...