This glossary is for non-commercial educational purposes only. The definition of the terminology below is only a brief description and should not be considered factual or the only definition possible. This information is only to help better inform you of information related to liquidations.



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Occurrence Policy
  An insurance policy covering losses occurring during the policy period, without regard to when the claim is reported to the insurer.
Ocean Marine Insurance
  A form of insurance that covers sea vessels and cargoes being carried on those vessels, as well as liabilities in connection with such activities.
Liquidation Terminology Glossary - Letter: O