Most of the definitions below are provided courtesy of the Insurance Institute of Canada. Definitions provided by Insurance Bureau of Canada are indicated with an asterisk (“*”).
- Absolute Liability*
- Accident*
- Accident Benefits (AB)*
- Accident Benefits (AB) – CLEAR*
- Accounts Receivable Coverage*
- Actual Cash Value
- Actuary*
- Additional Insured
- Additional Living Expense Insurance
- Additional Premium*
- Adjuster*
- Adjusting*
- Agent*
- Applicant
- Application
- Appraisal*
- Appraisal Clause
- Appraise
- Appraiser
- Arbitration*
- Arbitration Clause
- Arbitrator
- Arrears
- Arson*
- Assigner or Assignor
- Assignment
- Assume
- Assumed Liability (Contractual Liability)*
- Assumption of Risk
- Assurance*
- Assured*
- Assurer*
- As Their Interest May Appear
- Authorization*
- Automatic Reinstatement
- Automobile Insurance
- Avoidance of risk*
- Bad Faith
- Bailee
- Bailor
- Basic insurance policy*
- Betterments
- Binder*
- Blanket Crime Policy
- Blue Book Value
- Bodily Injury*
- Boiler and Machinery Insurance*
- Branding*
- Breach
- Broker*
- Builders Risk Insurance*
- Burglar Alarms
- Burglary
- Burglary Insurance
- Business Insurance*
- Business Interruption Insurance*
- Buy Back Deductible
- By-law Endorsement
- Canadian Standard for Automobile Theft Deterrent Systems (ULC S338)*
- Cancellation*
- Capacity*
- Captive Insurance Company*
- Certificate of Insurance
- Certified Copy
- CGL*
- Chartered Insurance Broker (C.I.B.)
- Civil Commotion
- Claim*
- Claimant
- Claims Examiner
- Clause
- Co-insurance Clause
- Co-insurer
- Collapse
- Collision Coverage*
- Collusion
- Commercial Auto Insurance*
- Commercial General Liability policy (CGL)*
- Commercial Host Liability (Liquor Liability)*
- Commercial lines*
- Commercial Property Floater
- Commercial Property Policy
- Commission
- Comprehensive General Liability Policy
- Comprehensive Personal Liability
- Compulsory Insurance*
- Concealment
- Conditions*
- Condominium
- Consequential Loss
- Contingent Liability
- Continuation Certificate
- Contract*
- Contractor’s Liability Insurance
- Contractual Liability*
- Conversion
- Cover
- Coverage*
- Crime Stoppers*
- Death Benefit
- Debris Removal
- Declaration
- Declarations (“Dec” Sheet)*
- Deductible Clause
- Defendant*
- Deferred Premium Payment Plan
- Demolition Insurance
- Depreciation
- Difference in Conditions Insurance
- Direct Billing
- Direct Compensation – Property Damage*
- Direct Loss*
- Directors’ and Officers Liability’ Insurance (D&O)*
- Direct Writer
- Disappearing Deductible
- Disclaimer
- Disclosure
- Dismemberment
- Drive-in Claims Service
- Drive Other Cars Clause
- Driver Training Credit
- Duty of Care*
- Dwelling
- Dwelling Coverage*
- Earned Premium
- Earthquake Insurance*
- Easement
- Effective Date*
- Embezzlement*
- Employer’s Liability Insurance
- Endorsement
- Equipment
- Equipment Floater Insurance
- Equivalent Materials
- Errors and Omissions Insurance
- Estate
- Estimated Premium
- Estimator
- Examiner
- Exceptions
- Excess Insurance
- Exclusion
- Exculpatory Clause
- Exhibitions Insurance
- Expiration*
- Expiration Notice
- Expiry
- Explosion
- Explosion Insurance
- Exposure
- Extended Coverage Insurance*
- Facility
- Facility Association*
- Facility of Payment Clause
- Factory Mutuals
- Fair Market Value
- Farm Mutual
- Fault Determination Rules*
- Finding fault*
- Fire Damage
- Fire Insurance
- Fire-Resistive Construction*
- First Party*
- Fixtures
- Fixtures and Fittings
- Flat Cancellation
- Fleet Policy*
- Floater*
- Forgery*
- Form*
- Fortuitous Cause
- Fortuitous event*
- Fraud
- Fraudulent
- Fraudulent Misrepresentation
- Friendly Fire
- Garage Liability Insurance
- Garaging location*
- GDL*
- General Cover
- General Damages
- General insurance*
- General Insurance Ombudservice (GIO)*
- GIO*
- Good Faith
- Government-Run Auto Insurance*
- Grace period*
- Graduated Driver’s Licensing*
- Gross Negligence
- Guaranteed replacement cost endorsement (building)*
- Guarantor
- Habitation
- Habitational Fire
- Hail Insurance
- Hard market*
- Hazard
- Hazard, Moral
- Hazard, Physical
- HCMU – AB (Accident Benefits)*
- HCMU – Collision*
- HCMU – Comprehensive*
- HCMU – Relative claim index*
- HCMU – Theft claim cost*
- HCMU – Theft claim frequency*
- High-Risk Automobile Insurance Market*
- Highway Traffic Act
- Hit and Run Accident
- Hold Harmless Agreement
- Homeowners insurance*
- Hostile Fire
- IBAC*
- IBC*
- ICLR*
- Immobilizer*
- Improvements and Betterments
- Incendiary
- Inception
- Incident*
- Indemnify*
- Indemnitor
- Indemnity
- Indirect or Consequential Loss (or Damage)*
- In Force
- Informed consent*
- Inherent Explosion
- Inherent Vice
- Inland Marine Insurance
- Inspection*
- Inspector
- Institute for Catastrophic Loss Reduction (ICLR)*
- Insurable Interest
- Insurance*
- Insurance Brokers Association of Canada*
- Insurance Bureau of Canada (IBC)*
- Insurance Institute of Canada (I.I.C.)*
- Insurance Policy
- Insured
- Insurer
- Insuring Clause
- Joint and Several Liability Clause
- Judgment
- Jurisprudence
- Lapse
- Lawyer’s Professional Liability
- Lease
- Legal Expense Insurance
- Legal Liability
- Lessee*
- Lessor*
- Liability*
- Liability Insurance
- Liability Limits*
- Liability Loss Exposures
- Libel*
- Lien
- Like Kind and Quality (LKQ)
- Limitation Period*
- Limit of Liability
- Line
- Loss of Use Insurance
- Malfeasance
- Malicious Mischief
- Malpractice
- Manufacturer’s and Contractor’s Liability Policy
- Material Fact*
- Material Misrepresentation*
- Merit Rating
- Moral Hazard*
- Multi-Peril Policy*
- Mutual Insurance Company
- Mysterious Disappearance
- Named Insured*
- Named Perils (or Basic) Insurance Policy*
- Natural Disaster
- Negligence*
- No-Fault*
- Non-disclosure
- Non-feasance
- Non-hazardous
- Non-insurable Risk
- Non owned Automobile Policy (Non-owner’s Policy)*
- Notice of Loss*
- Notice of Termination
- Nuisance
- Occupancy
- Occupier*
- Occupiers’ Liability*
- Occurrence
- Officers’ and Directors’ Liability Insurance
- Off Premises Clause
- Open Stock Policy
- Optional coverage*
- Outboard Motor Boat and Outboard Motor Policy
- Overlapping Insurance
- Owner’s, Landlord’s And Tenant’s Liability
- PACICC*
- Package Policy
- Pain and Suffering*
- Pair & Set Clause
- Partial Loss
- P&C insurance*
- Penalty
- Per Annum
- Per Capita
- Peril*
- Period of Indemnity
- Perjury
- Permission Granted Clause
- Personal Articles Floater*
- Personal Auto Policy
- Personal Effects/Property Floater*
- Personal Injury*
- Personal Injury Liability
- Personal Lines Insurance*
- Personal Property*
- Personal Property Floater*
- Personal Property Insurance*
- Personal Property Insurance Coverage Limitations*
- Personal Theft Insurance
- Physical Damage Coverage (Automobile)*
- Plaintiff*
- Policy
- Policy Conditions
- Policy Expiration Date*
- Policy Fee*
- Policyholder*
- Policy Limit*
- Policy Period
- Policy Territory*
- Policy Year
- Pollution Exclusion
- Pool*
- Precedent (Legal)
- Preliminary Proofs of Loss
- Premises
- Premium*
- Prior Insurance
- Private Passenger Vehicle*
- Producer
- Product Liability Insurance*
- Product Recall Insurance*
- Professional Liability Insurance
- Proof of Loss*
- Property and Casualty Insurance Compensation Corporation (PACICC)*
- Property and Casualty (or General) Insurance*
- Property Damage Liability Insurance
- Property Insurance
- Pro Rata Cancellation
- Prorating
- Provisions
- Proximate Cause
- Quote*
- Rate*
- Red Book*
- Registered Insurance Brokers of Ontario (RIBO)
- Regular Insurance Market*
- Regulator
- Reinstatement
- Reinsurance*
- Relative claim index – CLEAR*
- Removal*
- Renewal
- Renewal Certificate
- Rental Value Insurance
- Rent Insurance
- Replacement Cost*
- Residual Market*
- Return Premium
- Rider (or Endorsement)
- Risk*
- Risk Manager (Risk Management)
- Robbery
- Salvage
- Schedule
- Scheduled Property Floater
- Schedule of Insurance
- Schedule of Property
- Seasonal Risk
- Second Party*
- Section A*
- Section B*
- Section C*
- Section D*
- Short Rate Cancellation
- Slander
- Smoke Damage
- Social Host Liability (Liquor Liability)*
- Soft Market*
- Special Damages
- Special Event*
- Special Multi-Peril Policy
- Spontaneous Combustion
- Standard Construction
- Standard Forms
- Standard Limits
- Standard of Care*
- Standard Provisions
- Standard Risk*
- Statement of Claim
- Statutory Conditions
- Subrogation
- Subrogee
- Subrogor
- Substandard Insurance*
- Suit
- Summons
- Superintendent Of Insurance
- Surrender
- Survey
- Tenant’s Policy
- Term
- Terrorism*
- Theft
- Theft at or after Fire
- Theft Claim Cost – CLEAR*
- Theft Claim Frequency – CLEAR*
- Third Party
- Third-Party Liability (Auto) Insurance*
- Title
- Title Insurance
- Tort*
- Tort-Feasor
- Total Loss
- Trespass
- Umbrella Policy
- Underinsured Motorist Coverage*
- Underwriter*
- Underwriting Profit or Loss*
- Underwriting Rules*
- Uninsurable Perils*
- Uninsured Motorist Coverage*
- Unnamed Insured
- Unoccupied
- Unprotected
- Utmost Good Faith
- Vacant Building
- Valuable Papers Insurance*
- Valuation*
- Valued Policy
- Vandalism and Malicious Mischief
- Vehicle identification number (VIN)*
- Vicarious Liability
- VIN*
- VIN Switch*
- Void
- Waiver
- Waiver of Co-insurance
- Waiver of Subrogation
- Warranty*
- Water Damage Clause
- Windstorm Insurance
- Without Prejudice
