Glossary

An other insurance clause is a provision found in both property and liability insurance policies establishing how loss is to be apportioned among insurers when more than one policy covers the same loss.

Other states coverage is workers compensation and employers liability insurance coverage for an insured's employees traveling through or temporarily working in states other than the insured's home state, as specifically listed in item 3.C of the information page of the policy.

Other structures coverage is found under standard homeowners policies. It covers structures on the residence premises separated from the dwelling by a clear space or connected to the dwelling by a fence, utility line, or related connection.

Other underwriting income refers to ceding commissions or profit commissions earned from reinsurers.

Under a health insurance plan, out-of-pocket costs refer to the expenses for medical care that are not reimbursed by the insurance.

Under a health insurance plan, the out-of-pocket (OOP) limit is the maximum amount the covered individual will have to pay for covered health services during the policy year.

Outcomes measurement is the process by which the ability of a physician to treat an injured worker competently, efficiently, and cost effectively is gauged.

The Outer Continental Shelf is generally defined as all submerged lands that lie beyond the coastal states' territorial boundaries, to a water depth of 200 meters or where exploration is feasible.

The Outer Continental Shelf Lands Act of 1953 (OCSLA) extends the benefits of the Longshore and Harbor Workers' Compensation Act (LHWCA) to workers injured or killed on fixed structures (e.g., oil well platforms) that are permanently attached to the Outer Continental Shelf for the purpose of natural resource exploration or development.

Outplacement is a form of assistance offered by employers to employees who have been laid off from their jobs.