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Policy excess |
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Policy excessThe amount you will have to pay when you make a claim. For example, this may be the first £100 of a £1000 claim for damage caused by a fire.Policy excess Similar MatchesFully paid policyFully paid policyA life insurance policy which remains in force where the insured has paid premiums over part of the term of the policy but is unable to make further payments. In these circumstances the cash or surrender value is used to purchase a single premium policy which pays a reduced amount either on the death of the insured or on maturity if a term is specified other than life. Nonparticipating life insurance policyNonparticipating life insurance policyLife insurance policy whose policyholders do not receive dividends, because they are not participants in the interest, dividends, and capital gains earned by the insurer on premiums paid. Insurance policyInsurance policyA contract detailing an insurance policy and outlining what risks are insured, what insurance premiums are to be paid by the policyholder, what deductibles prevail, and all the details associated with a policy. Blanket insurance policyBlanket insurance policyA policy that covers more than one person or piece of property. Competition policyCompetition policyPolicies intended to prevent collusion among firms and to prevent individual firms from having excessive market power. Major forms include oversight of mergers and prevention of price fixing and market sharing. Called "anti-trust policy" in the U.S. One of the Singapore Issues. Further SuggestionsLife insurance policymonetary policy Policyholder loan bonds Bank Letter of Credit Policy qualifying policy policy document Policy schedule Interest sensitive insurance policy Trade Policy Review Mechanism Traded endowment policy (Tep) Strategic trade policy argument for a tariff Straight term insurance policy Policy exclusions Guaranteed renewable policy insurance Small business policy Anti-trust policy Accommodative monetary policy Traditional view (of dividend policy) valued policy Umbrella personal liability policy Stabilization policy Single buyer policy Rules-based trade policy Multibuyer policy Policyholder |
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