Glossary

A common accident is one in in which two or more persons are injured.

A common carrier is a term used for a commercial individual or organization that carries persons or property from one place to another for payment—for example, a trucker.

A common disaster is a situation in which the insured and the beneficiary of a life insurance policy appear to die simultaneously without evidence of who died first.

For years, cedents have been able to protect privileged information shared with a reinsurer from disclosure to its policyholder in a coverage dispute on the basis of the common interest doctrine.

Common law is a body of law derived from court decisions based on custom and precedent as opposed to being derived from statutes.

Common law defenses are defenses to suits for liability claims based in common law.

Common law liability is responsibility imposed on a party by law based on custom, as opposed to liability imposed by statute.

Common policy conditions are the part of the insurance policy typically relating to cancellation, changes in coverage, audits, inspections, premiums, and assignment of the policy.

A communicable disease is spread from one person to another either by direct transmission of bacteria or viruses between the carrier and infected person or through a vector, such as food contaminated by the carrier and consumed by the infected person.

A communicable diseases exclusion is an exclusion found within a substantial minority of physicians professional liability insurance policies that precludes coverage for claims caused by the transmission of communicable diseases.