Present Value

Preservation of Property - see Sue and Labor Clause

Preservation Order - see Litigation Hold

Pre-Set Allocation Provision

Presumption

Presumptive Indemnification Provision

Primary and Noncontributory

Primary Beneficiary

Primary Cover

Primary Insurer - see Reinsurance

Primary Liability

Primary Payer

Principal

Principal Sum

Principle of Indemnification

Prior Acts Coverage

Prior and Pending Litigation Exclusion

Prior Work Exclusion

Priority of Payments Provision

Privacy Notification and Crisis Management Expense Coverage

Private Carrier

Private Company Directors and Officers Liability Insurance

Private Crop-Hail Insurance

Private Equity Firm

Private Letter Ruling

Private Placement

Private Securities Litigation Reform Act of 1995

Privately Held Corporation

Privileged Communication

Privity of Contract

Pro Forma Financial Statements

Pro Hoc Vice

Pro Rata

Pro Rata Cancellation

Pro Rata Distribution Clause

Pro Rata Reinsurance

Pro Se

Probability

Probability Analysis

Probability of Ruin

Probable Maximum Loss (PML)

Probationary Period

Proceeds - see Principal Sum

Process

Process Risk

Process Wastewater

Procuring Cause - see Proximate Cause

Producer

Producer-Owned Reinsurance Company (PORC)

Product