A common declaration page which is part of every commercial policy. It shows the information applicable to the entire policy (policy number, insurer, insured, total premium, terms, conditions, warranties and exclusions attached etc.). Each individual coverage part may also have its own declarations page.
Insurance Encyclopedia
Common stock
Securities such as stocks and bonds that represent an ownership interest in a corporation. Holders of common stock may elect directors and collect dividends. Common stocks are subordinate to bondholder claims, preferred stockholders, and general creditors.
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A security which provides an ownership or equity position in a company. Shareholders may receive dividends if declared by the board of directors.
Common trust funds
Feature: (a) pooling of all assets in a central fund, (b) payment of benefits from the central funds, and (c) trustees having wide powers of investment. The scheme may be insured so the funds are held centrally in insurance policies only. Alternatively, the fund is self-administered as in the case of small self-administered schemes where the funds are held centrally in investments such as commercial property, shares and cash deposits. Large schemes, i.e. those with 12 or more members, can also be self-administered.
Common working file (CWF)
System of nine regional sectors with databases that contain the total Medicare beneficiary histories developed by the Centers for Medicare and Medicaid Services (CMS) to improve claims processing. Medicare fiscal intermediaries access CWF databases for eligibility, utilization, Medicare Secondary Payer (MSP), and other claims information.
Communicate
To convey information about a debt either directly or indirectly to a debtor through any medium (telephone, letter, facsimile).
Communication
1. Ability to receive, interpret, and express spoken, written, and nonverbal messages. 2. Delivery of a message by any process to facilitate the collection of a debt, either directly or indirectly, to or from any individual through any number of media (letter or telephone call).
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Connection between buildings whereby fire could spread from one to another, i.e., where the buildings are not separated by a party well.
Communicator
See: multipurpose billing form.
Community care network (CCN)
See: accountable health plan (AHP).
Community Company
An insurance company whose head office is within a member state of the European Community.
Community health center (CHC)
Ambulatory health care facility that provides programs and care to the indigent in a community. CHCs usually serve a catchment area that has scarce or nonexistent health services or a population with special health needs. These centers attempt to coordinate federal, state, and local resources in a single organization capable of delivering both health and related social services to a defined population. Although such a center may not directly provide all types of health care, it is usually responsible for arranging all medical services needed by its patient population. Also called neighborhood health center.