excess insurance

An agreement to indemnify against any loss that exceeds the amount of coverage under another policy.

— Also termed excess policy. Cf. primary insurance. See EXCESS CLAUSE. [Cases: Insurance 2110, 2394.]

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词条贡献者

资深译员Bryan，毕业于美国一流的翻译学院，专注翻译各种与贸易与海关有关的法律文件。