Glossary

Technology errors and omissions (tech E&O) insurance is a type of insurance designed to cover providers of technology services or products. For example, data storage companies and website designers provide technology services, while computer software and computer manufacturers offer technology products. Tech E&O policies cover both liability and property loss exposures. Major liability insuring agreements include losses resulting from: (1) technology services, (2) technology products, (3) media content, and (4) network security breaches. Key property insuring agreements provide coverage for extortion threats, crisis management expense, and business interruption. Tech E&O insurance is often confused with cyber and privacy insurance. In contrast to tech E&O coverage, cyber and privacy insurance is intended to protect consumers of technology products and services. Nevertheless, cyber and privacy insurance policies do offer a number of the same insuring agreements as tech E&O policies.

Telecommunting involves allowing employees to work from a location other than the employer's premises, such as their homes, on a full-time or part-time basis. Now more commonly referred to as teleworking or simply working from home. Telecommuting most often involves connecting to the employer's network online.

Telemedicine involves the transfer and use of medical information via electronic communications media. Such media include telephones, interactive video, email, and instant electronic monitoring. Offering healthcare services with the assistance of electronic media offers a number of advantages, including providing specialty care to under-served rural and urban populations, alleviating transportation hardships and costs, and new possibilities for continuing education. However, there are potential drawbacks and liabilities, including determining which set of professional standards apply when treatment/diagnosis is conducted from multiple locations, privacy issues, and questions concerning establishment of a professional relationship, e.g., does a remote, electronic encounter establish one?

The Telephone Consumer Protection Act of 1991 prohibited the sending of unsolicited advertisements to a fax machine. Claims arising out of the violation of the federal Telephone Consumer Protection Act of 1991 are excluded under standard general liability insurance policies.

Temporary partial disability is a workers compensation disability level in which the injured worker is temporarily precluded from performing a certain set of job skills but can still work at a reduced level. Since the condition is temporary, compensation is based on the difference between the two earning levels.

A temporary storage location in builders risk insurance describes a place where materials and equipment that are to be incorporated into a covered construction project are stored prior to being delivered to a jobsite. Builders risk policies vary in terms of the scope of coverage provided for temporary storage locations, so it is important to pay careful attention to the definition of this term when evaluating the policy's coverage.

Temporary total disability is one of the four divisions of disability compensable under workers compensation. This level of disability reflects an injury that has rendered the employee completely unable to perform any job functions on a temporary basis. The employee is expected to make a full recovery and return to work. In the interim, compensation paid is usually a percentage of weekly wages until the worker returns to the job.

Tenants and neighbors liability is a coverage that applies in countries (such as France) where the Napoleonic Code exists and is often written subject to a specified sublimit. Under the Napoleonic Code, a tenant may be presumed liable for fire, water, or explosion damage that originates on the insured's premises and spreads to premises occupied by other tenants. A landlord may also be liable for maintenance or constructional defects. Coverage includes the following. The liability of tenants, meaning the financial consequences of the insured's liability as a tenant to the landlord The liability of neighbors, meaning the financial consequences of the insured's liability for damage to property of other tenants in the same building The liability of the landlord, meaning liability imposed on the insured as a landlord for constructional defects or lack of maintenance

Tender offer defense expense is a type of insurance that pays the expenses incurred by a publicly held company in combating a tender offer made by another company seeking to acquire it.

A tender of defense is the act in which one party places its defense and all costs associated with said defense with another due to a contract or other agreement. This transfers the obligation of the defense and possible indemnification to the party to which the tender was made.