Nil First Excess
A deductible part of a policy’s cover that the insurer removes from the amount an individual pays as part of the settlement.
More Terms
- Legal Fees
- Worldwide Jurisdiction
- Cooling Off Period
- Allocation Rate
- Caveat
- Professional Indemnity Insurance
- Medical Negligence
- Institutional Review Boards
- Commercial Business
- Compulsory Excess
- Public Liability Insurance
- Claims Made
- Claims Occurred
- ARCP
- Occurrence
- Financial Position
- Misdiagnosis
- Exposures
- Legislation
- Premium
- MGA
- Broker
- Product Liability
- Benefit
