Two-character code that may follow a five-digit CPT code to indicate a service or procedure has been altered in some way from the stated CPT or HCPCS Level II description but not sufficient to change the basic definition of the service.
Insurance Encyclopedia
CPT-4
Current Procedural Terminology, Fourth Edition, code reference book. See Current Procedural Terminology (CPT).
Cracking, fracturing and failure of welds
These risks can be covered as an extension to a boiler and pressure plant policy but the insurance is limited to self-damage. The risks apply to plant of cast-iron construction and items with welded or brazed seams. Plant such as heating boilers, ironing machines and air-heating batteries would require the extension. The cause can be internal pressure, low water, water hammer, frost, etc. A valid claim only arises when the crack or weld failure gives rise to leakage of the contents.
Craft risks
The risks to cargo during transhipment or landing in small vessels.
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Risks arising when cargo is being landed or transshipped in a small vessel.
Cranes and lifting machinery policy
Policy covering blocks, conveyors and cranes of all kinds. In addition to the periodical inspection service (compulsory for most items in this category), the policy covers breakdown but may be extended to cover sudden and unforeseen physical damage at the premises or while temporarily at other premises, including the transit risk, and damage to goods lifted (excluding installed plant and machinery) and own surrounding property. Damage by extraneous causes is generally included. Other options are available.
Crash Coverage
A type of coverage which is optional under an Aviation policy. It provides coverage for damage to an airplane caused by a crash, and is usually referred to as Hull Coverage or Physical Damage coverage.
Crash coverage (Aviation Insurance)
Insurance that covers damage to an airplane due to a crash. This type of coverage is optional in an aviation policy.
Crazing
Cracks in glass resulting from a build-up of heat on one side of the glass while the other side is at ambient temperature. The glass stress fractures and cracks creating the irregular shaped patterns that are part of a fire cause investigation.
CRC
Abbreviation for community rating by class. See adjusted community rating (ACR).
Credential
University degree, postgraduate training and education, licensure and/or board certification that indicates a person or institution has obtained professional status in a specific field of health care.