Insurance effected by completing a coupon and sending it to the insurer.
Tag: RAW
Coupon policy (Life Insurance)
A policy with coupons for a particular sum attached. The insured may turn these in each year when he or she pays the annual premium.
course of employment (COE)
See: COE.
Court Bond
A bond issued to a court of law to guarantee the performance of certain duties (accounting for income, preservation of property, etc.) by a principal.
Court bonds
See: Judicial bonds.
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All bonds and undertakings required of litigants to enable them to pursue certain remedies of the courts.
Court of Protection Bond
Issued to the Court of Protection to guarantee the performance of a person responsible for the affairs of a mentally incapacitated person.
Courtesy adjustment
Credit entry posted to a patient’s account for a debt that has been determined to be uncollectible. In the Medicare program, the difference between the amount charged and the approved amount.
Covenants
See: RESTRICTIVE COVENANTS.
Cover
An insurance contract. This term can also be used to describe the act of incorporating something in a contract of insurance, for example, a newly acquired vehicle. It can also mean to provide coverage to an insured person.
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(01) Insurance contract. (02) To effect insurance, that is, to cover an insurance, for instance, for Household Insurance effective as of a given time (03) To include within the coverage a contract of insurance. For example, one could cover additional godowns under a Fire insurance contract.
Cover letter
Letter of introduction prepared to accompany a resume when seeking a job.