Definition of "Excess insurance"

 The Paul Conforti Team real estate agent
The Paul Conforti Team, Real Estate Agent Douglas Elliman - Merrick

Property, liability, or health coverage above the primary amount of insurance. For example, the primary coverage is $100,000 and the excess insurance is $1 million. After the losses exceed $100,000, the excess insurance will pay for the losses up to a total of $1 million.

 

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