Glossary

The comment period is time provided for the public to review and comment on a proposed Environmental Protection Agency (EPA) action or rulemaking after publication in the Federal Register.

Commercial appropriation is the unauthorized use of the name or likeness of a person (either a private individual or a celebrity) for commercial purposes.

The commercial auto insurance coverage forms consist of the entire portfolio of coverage forms that furnish auto coverage for any type of commercial entity.

A commercial crime policy is a crime insurance policy that is designed to meet the needs of organizations other than financial institutions (such as banks).

The commercial general liability (CGL) policy is a standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability. The CGL policy was introduced by Insurance Services Office, Inc. (ISO), in 1986 and replaced the "comprehensive" general liability policy.

A commercial insurer or reinsurer refers to any insurer whose principal business is selling insurance to anyone who requests a quotation, not just shareholders of the insurer.

Commercial lines insurance is a generic term used to encompass commercial risks as opposed to personal lines, which cover personal risks.

A commercial output policy (COP) is a broad all risks policy that provides a combination of commercial property and commercial inland marine coverages many businesses need.

A commercial package policy is a package insurance policy that provides both liability and property coverage for businesses and other organizations.

Attached to every Insurance Services Office, Inc. (ISO), commercial property policy, the Commercial Property Conditions form (CP 00 90) establishes the policy provisions.