| Document Date: 2003-01-23 14:08:00
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City PPO / OCP / / Company Pure Captive / / Currency USD / / Event Dividend Issuance / / Facility Port Risk Insurance / / IndustryTerm life insurance policy nonforfeiture benefit / liability insurance / mutual insurer / law damages / health insurance plan / indemnity insurance / fire fighting equipment / property insurance / life insurance option / prepaid legal insurance / ocean marine insurance / insurance clause / ordinary whole life insurance coverages / specified protective device / fire insurance rates / insurance company charges / insurance distinction / health insurance / insurance / life insurance policy / no-fault insurance / given employer / life insurance policy giving standard lifetime protection / stock insurer / insurance policy / life insurance / fire service communications / property damage liability insurance / law requirements / legal services / business income insurance / property-liability insurance / automobile insurance / non-insurance sense / sprinkler systems / off-premises services / purchase additional property damage insurance / / Organization Congress / U.S. Supreme Court / Southeastern Underwriters Association / Insurance Services Office / Provider Organization / / Position contractor / / ProvinceOrState Virginia / / PublishedMedium Public Law / /
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GLOSSARY OF INSURANCE TERMS ~ O ~ P O Obligee: The party in whose favor a bond runs, such as the party protected from loss under the bond. Obligor: One bound by the obligation covered by a bond. Also called the principal