Glossary

Insurance terms, in plain language.

This is the one place on the site where insurance vocabulary is allowed to show up by name.

Last reviewed: June 2026. Updated regularly as new terms are added.

Business

Business Owners Policy (BOP)

A business owners policy bundles commercial property coverage, commercial general liability coverage, and usually business in…

Business

Cyber Liability and Breach

What is cyber liability coverage in insurance?Cyber liability coverage protects businesses from the financial consequences of…

Business

Errors and Omissions (E&O)

Errors and omissions coverage, commonly called E&O or professional liability insurance, protects service businesses and p…