Sports Insurance Glossary : Letter O

Occurrence - means an accident, including continuous or repeated exposure to substantially the same general harmful conditions.

Ocean Marine Insurance - Coverage on all types of vessels, including liabilities connected with them, and coverages on their cargoes.

Other Than Collision Coverage - Protection against loss resulting from damage to the insured auto, commonly called "comprehensive auto coverage". Broad coverage is provided and includes protection from such hazards as fire, theft, glass damage, wind, hail and malicious mischief. This is a first-party coverage.