Deductible excess definition
Deductible excess means the amount of expenses to be incurred by the Insured before the compensation under the Cover shall become payable and shall not be reimbursed by the Company.
Deductible excess means the amount of expenses to be borne by the Insured / Insured Person before any claim / benefit under this Policy shall become payable and shall not be reimbursed by the Company.
Deductible excess means the amount of expenses to be incurred by the Insured before the compensation under the cover shall become payable and shall not be reimbursed by the Company.
Examples of Deductible excess in a sentence
The Deductible excess in respect of this benefit, if any, shall be of an amount as specified in the Policy Schedule to this Policy.
More Definitions of Deductible excess
Deductible excess part of damage which remains born by the Beneficiary. Dollar: Currency that is legal tender in the United States of America. Hospitalization: any unexpected admission in a hospital rendered necessary due to the state of health of the patient. By “admission”, it is understood that in all cases, an admission form is necessarily filled in by the Beneficiary before being hospitalised. The admission is considered unforeseen when it has not been scheduled more than five (5) days prior to the hospitalization.
Deductible excess means the amount stated in the Schedule which shall be borne by the Insured in respect of each and every Claim made under this Policy. The Company's liability to make any payment under the Policy is in excess of the Deductible.