A-B-C-D-E-F-G-H-I-J-K-L-M-N-O-P-Q-R-S-T-U-V-W-X-Y-Z

Occupational Hazards:
Factors inherent in the insured person's occupation that expose him or her to greater-than-normal physical danger.

Operating Cash Flow:
Operating income received less disbursements.

Operating Leverage:
The ratio of net premiums written to statutory surplus.

Operating Ratio:
Combined ratio minus net investment income ratio.

Optional Renewable Policy:
Contract that grants the insurer the right to terminate a policy on any anniversary, or, in some cases, on a premium date.

Ordinary Life Insurance:
Life insurance usually issued in amounts of $1,000 or more with premiums payable on an annual, semi-annual, quarterly or monthly basis.

Overhead Expense Insurance:
Insurance for business owners to help offset continuing business expenses if the owner is disabled.