Aggregate Excess Contract

Definition of "Aggregate excess contract"

Priscilla  Dickerson real estate agent
Priscilla Dickerson, Real Estate Agent Exit Real Estate Solutions

Policy in which an insurer agrees to pay property or liability losses (generally 80-100%) in excess of a specific amount paid on all losses during a policy year.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions