Financial
Excess Policy
Insurance that comes into effect only after the primary policy coverage is exhausted. Unlike the umbrella policy, it generally follows the same terms and conditions as the underlying policy.
Insurance that comes into effect only after the primary policy coverage is exhausted. Unlike the umbrella policy, it generally follows the same terms and conditions as the underlying policy.
Insurance that comes into effect only after the primary policy coverage is exhausted. Unlike the umbrella policy, it generally follows the same terms and conditions as the underlying policy.
Umbrella Policy
Additional liability insurance providing coverage above the limits of primary policies. Protects against catastrophic claims exceeding basic cargo insurance coverage.
FinancialCombined Single Limit Policy
Insurance policy establishing a single maximum coverage amount for all combined liabilities, instead of separate limits by risk type. Simplifies insurance administration.
FinancialMarine Cargo Insurance
Policy protecting the insured against losses or damage to goods during maritime transport. Can cover from basic risks to all risks depending on the contracted ICC clause.
FinancialDeductible
Amount the insured must absorb from each loss or damage before the insurance company begins to pay. The higher the deductible, the lower the insurance premium and vice versa.