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GLOSSARY

 GLOSSARY TERMS by Alpha
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OASDI
Occupational hazard
Occupational Safety and Health Act (OSHA)
Occurrence
Off premises cover
Offer and Acceptance
Open perils
Original age
Other insurance
Other insured rider
Ownership
Ownership of expirations

Off premises cover

Commercial property policies commonly establish a small coverage limit that applies to property temporarily away from the insured’s place of business.

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