Glossary

A continuance is when a hearing or trial is postponed or put off until a later date.

A continuation of coverage in bankruptcy provision is a clause in an insurance policy requiring an insurer to provide coverage even though an insured has declared bankruptcy.

The continuing undertaking rule of tort law tolls (i.e., temporarily stops from running) a statute of limitation for bringing a claim of negligence.

A continuous contract is a form of reinsurance contract for accepting new business that does not terminate automatically but is intended to continue unless one of the parties delivers notice of intent to discontinue or termination is mutually agreed to in accordance with the termination provisions of the contract.

Continuous injury trigger is the legal principle, recognized in some jurisdictions, that ongoing or developing injury or damage "occurs" throughout its progress, thus triggering coverage under each occurrence-based policy in effect at any point in that progress.

The continuous treatment rule is a common law liability doctrine stating that if a physician has treated a patient over a period of time, only one policy limit applies—the one in force at the time the claim is made.

A contract is an agreement between two or more parties exhibiting the following necessary characteristics: mutual assent, competent parties, a valid consideration, and legal subject matter.

Contractors all risk insurance is used to cover damage to a project under construction on projects outside the United States. Contractors all risk is a nonstandard coverage that combines coverage for damage to the project and third-party liability arising out of the project into a single policy. Covered parties include the project owner, general contractor, subcontractors, and in some cases suppliers of materials and equipment. In rare instances, the design professional may also be an insured.

Contractors environmental liability insurance fills the coverage gaps created by pollution and related exclusions that are commonly included in the liability insurance policies purchased by contractors.

Contractors professional liability insurance is a specialized policy providing coverage for a contractor's liability for design errors or omissions. Many insurers combine contractors professional liability and contractors pollution liability coverages into a single combined form, although, typically, coverage can be purchased for either coverage with or without the other.