Earned Premium
That portion of premium earned or charged for the period of time a policy remained effective.

Employers Liability Insurance
Coverage for legal liability imposed on an employer to pay damages to an employee injured by the employer's negligence.

Endorsement
An amendment added to a written document, particularly an agreement between parties, altering its provisions.

Exclusion
Risks, perils or properties defined in the policy as not covered.

Explosion
A rupture of a pressure vessel of some kind due to excessive internal pressure (usually accompanied by a loud noise).

Exposure
The hazard threatening a risk because of external or internal physical conditions.