excess insurance (XS)
Excess (XS) insurance is a policy or bond covering the insured against certain hazards and applying only to loss or damage in excess of a stated amount or specified primary or self-insurance.
excess insurance (XS)
Excess (XS) insurance is a policy or bond covering the insured against certain hazards and applying only to loss or damage in excess of a stated amount or specified primary or self-insurance.
Additional Information
It is the portion of the amount insured that exceeds the amount retained by an entity for its own account.
