Glossary

Exterior insulation and finish systems (EIFS) are multilayered exterior cladding systems designed to provide high energy efficiency in both residential and commercial buildings, such as synthetic stucco.

Extortion Coverage Form G was an Insurance Services Office, Inc. (ISO), form (CR 00 08) that insured against loss of money, securities, and other property surrendered as a result of a threat of harm to the insured, an employee, a relative, or invitee being held captive.

The extortion expense coverage found in some professional liability technology policies covers the insured for reasonable and necessary expenses incurred as a result of a network extortion threat.

Extracontractual damages are damages that are in addition to or outside of a contract of insurance.

Extracontractual obligations (ECO) are the obligations or requirements under a policy that the insurer pay certain losses or expenses not arising from the insuring agreement but from externally imposed obligations—for example, fines from a court or regulatory body.

Extraterritorial coverage is the extension of state workers compensation law to provide benefits for workers hired in the state but injured while working in another state.

Extra expense coverage is commercial property insurance that pays for additional costs in excess of normal operating expenses that an organization incurs to continue operations while its property is being repaired or replaced after having been damaged by a covered cause of loss.

Extra percentage tables refer to a form of substandard rating using mortality or morbidity tables for certain impaired health conditions.

An extra premium charge add to the premium for a class rate because of extra hazardous loss exposures.

Extremely hazardous substances refer to a list of chemicals maintained by the Environmental Protection Agency (EPA) that the EPA has identified as toxic and listed under the Superfund Amendments and Reauthorization Act (SARA) of 1986 Title III.