Glossary

Peril of the sea refers to marine hull or cargo insurance for damage due to extraordinary forces of nature that maritime ventures might encounter in the course of a voyage.

Permanent life insurance refers to life insurance that has no expiration date and that provides for the payment of the face value upon death of the insured, regardless of when it may occur.

Permanent partial disability is a workers compensation disability level in which the injured employee is still able to work but not with the skill and efficiency demonstrated prior to the injury.

Permanent total disability is a class of workers compensation disability in which the injured employee is incapable of ever working again at any employment.

Personally identifiable information (PII) refers to any information that can be used to uniquely identify, contact, or locate an individual, either alone or in conjunction with other sources, such as their name, Social Security number, driver's license number, date of birth, place of birth, mother's maiden name, and genetic information.

Personal and advertising injury refers to the following: (1) a standard coverage (Coverage B) of the 1986 and later commercial general liability (CGL) forms; (2) a defined term in the standard CGL since 1998, which combines elements of the earlier separate categories of "personal injury" (PI) and "advertising injury."

A personal articles floater is a personal lines inland marine policy that is used to cover scheduled personal property on an all risks basis.

A personal auto policy is a standard form promulgated by Insurance Services Office, Inc. (ISO), for insuring private-passenger-type autos owned by individuals. Private insurers also offer the PAP.

A personal effects floater is Insurance designed for tourists who desire worldwide coverage on their personal effects, which refers to transportable property of the type carried by tourists or travelers.

Personal Information Protection and Electronic Documents Act (PIPEDA) is a Canadian law that sets out ground rules as of January 1, 2001, for how private sector organizations may collect, use, or disclose personal information in the course of commercial activities.