Excess Insurance definition

Excess Insurance shall not apply to any insurance coverage currently held by The Government of Bermuda, or to our Self-Insured Retentions of whatever nature.

Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner as a surplus lines insurer or from any other entity authorized to provide said coverage in this state pursuant to law, covering losses in excess of an amount set forth in insurance contracts on a specific occurrence, or per accident or annual aggregate basis.

Excess Insurance or "stop loss insurance" means insurance issued to a health maintenance

Examples of Excess Insurance in a sentence

• We will share the remaining loss, if any, with any other insurance that is not described in this Excess Insurance provision and was not bought specifically to apply in excess of the Limits of Insurance shown in the Declarations of this Coverage Part.

• Evidence must be included in Certificates of Insurance General Liability and Umbrella (Excess) Insurance must be maintained for two years following date of final payment to contractor.

• If the Umbrella or Excess Insurance policy does not follow the form of the primary policies, it shall include the same endorsements as required of the primary policies including Waiver of Subrogation and Primary and Non-contributory in favor of the City.

• Re-insurance, Stop Loss Insurance, Excess Insurance, Umbrella Insurance, etc.‌Generally, the insurer is the RRE for Section 111 reporting.Where an entity engages in a business, trade, or profession, deductible amounts are self- insurance for MSP purposes.

• The Excess Insurance provision in SECTION V GENERAL PROVISIONS is deleted and will not appear.

More Definitions of Excess Insurance

Excess Insurance means catastrophic insurance for employers granted self−insurance, and is not full−insurance, self− insurance, partial−insurance or divided−insurance.

Excess Insurance or "stop loss insurance" means insurance issued to a health maintenance organization by an insurer licensed in this Commonwealth, on a form approved by the Commission, or a risk assumption transaction acceptable to the Commission, providing indemnity or reimbursement against the cost of health care services provided by the health maintenance organization.

Excess Insurance means insurance, purchased from an

Excess Insurance means that insurance which may be purchased on behalf of the Agency to protect the funds of the Agency against catastrophes or an unusual frequency of losses during a single year;

Excess Insurance or "stop-loss insurance" means an insurance policy purchased by a multiple employer welfare arrangement under which it receives reimbursement for benefits it pays in excess of a preset deductible or limit.

Excess Insurance means that insurance purchased or other financing arrangements made on behalf of the Agency to protect the funds of the Agency against catastrophes or against an unusual frequency of losses during a single year.

Excess Insurance means insurance purchased from an insurance company authorized or admitted in the State of New Jersey or deemed eligible by the Commissioner of Insurance as a surplus lines insurer, covering losses in excess of an amount established between joint insurance fund and the insurer up to the limits of coverage set forth in the insurance contract on a specific per occurrence, per accident or annual aggregate basis.