Glossary

Event insurance provides package coverage for the sponsor of public or private events, such as concerts, festivals, conferences, trade shows, sporting events, and celebrations, to name a few.

Event risk is the possibility of loss associated with fortuitous occurrences such as fires, hurricanes, or tortious conduct.

Event triggered financings refer to capital drawn under certain predetermined scenarios.

Evidence-based medicine (EBM) refers to the use of current best-quality scientific and medical evidence formulated from credible scientific studies, including peer-reviewed medical literature and other current scientifically based texts, and treatment and practice guidelines in making decisions about the care of individual patients.

Evidence is anything that can be used to prove or disprove an alleged fact.

Evidence of insurability refers to underwriting information needed for an insurance policy.

Ex-medical coverage is workers compensation insurance without medical coverage.

Exacerbation refers to a temporary increase in symptoms from a preexisting condition.

An examination under oath (EUO) is an important tool to allow an insurer to cross-examine the proofs of loss to avoid potential fraud.

Exceptions limit the application of an exclusion such that it does not apply to the described circumstances. For example, an exception to the commercial general liability (CGL) policy's watercraft and aircraft exclusion leaves coverage in place for liability assumed in an insured contract.