Occupational Hazards
Occupations which expose the insured to greater than normal physical danger by the very nature of the work in which the insured is engaged, and the varying periods of absence from the occupation, due to the disability, that can be expected.

Operating Ratio
The sum of expenses and losses expressed as a percent of earned premium.

Ordinary Life Insurance
Life insurance usually issued in amounts of $1,000 or more with premiums payable on an annual, semi-annual, quarterly or monthly basis.

Ordinary Life
Permanent insurance that provides for the payment of proceeds at death or at policy maturity (if the insured is still living at that time). Also known as Whole Life Insurance.

Other Insured Rider
Rider which provides coverage to an eligible business or family member other than the insured.

Overhead Expense Insurance
Insurance for business owners to help offset continuing business expenses if the owner is disabled