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Extraordinary heavy weather

A peril of the sea. Heavy weather may be normal in certain waters and should therefore be anticipated and guarded against. They are a certainty rather than a risk. For example, storms are a daily occurrence in the Strait of Magellan around the tip of South America. When they are of exceptional severity that could not have been anticipated they become a peril of the sea and therefore insurable.

Extraterritorial

A review done after claims of medical and financial records have been submitted by an insurance company or Medicare representative to investigate suspected fraudulent and abusive billing practices (retrospective review).

EXW (ex-works)

This indicates that the price of the goods in a contract of sale is their cost at the factory gate. The purchaser assumes responsibility for the goods from that point and pays all movement costs including insurance. The contract specifies if packing is included.

EY

HCPCS Level II modifier that may be used with CPT or HCPCS Level II codes indicating there was no physician’s order for the item or service.F

F.A.S.

A shipment term. Free alongside ship. The seller assumes the responsibility until goods re delivered along with the vessel at the loading berth named by the buyer at the named by the buyer at the named port of shipment in the manner customary at the port, at the date or within the period stipulated and notify the buyer without delay that the goods have been delivered alongside the vessel.

F.C. & S. Bulletins

Fire, Casualty and Surety Bulletins. A service published by the National Underwriters Company of US explaining coverage, forms, underwriting and rating procedures for the various Property, Casualty and Surety lines of insurance.