| Obligatory Treaty |
An agreement between a primary insurer and a reinsurer that obligates the former to pass on (cede) a... |
| Obligee |
The party in whose favor a bond runs, such as the party protected from loss under the bond. |
| Obligor |
One bound by the obligation covered by a bond. Also called the principal. |
| Occupancy |
1) The use to which a building is put. 2) The type of contents a building contains. |
| Occupation Class |
In life and disability insurance, the hazard of occupation can mean an additional premium charge. Oc... |
| Occupational Accident |
Injury or accident occurring at or because of an employee's job, usually caused by a condition r... |
| Occupational Disease |
Impairment of health due to continuous exposure to hazards inherent in a person's occupation. Co... |
| Occupational Hazard |
A condition or hazard that occurs during or as a result of an employee's occupation or job that ... |
| Occupational Safety and Health Act (OSHA) |
A federal statute establishing requirements for safe and healthy working conditions on a nationwide ... |
| Occupational Upper Extremity Cumulative Trauma Disorders (OUECTD) |
Skeletal and muscular problems such as carpal tunnel and thoracic outlet syndromes that typically ar... |
