insurance excess franchise
1excess policy — An insurance policy in which the insured is responsible for paying a specified sum (the excess) of each claim and cannot make claims of a lower value than this excess. For example, a £100 excess on a motor insurance policy means that the insured… …
2Insurance cycle — “The tendency to swing between profitable and unprofitable periods over time is commonly known as the underwriting or insurance cycle. (Wikipedia article on Insurance) What is the Insurance Cycle Lloyd s Franchise Performance Director Rolf Tolle… …
3franchise — 1) A licence given to a manufacturer, distributor, trader, etc. , to enable them to manufacture or sell a named product or service in a particular area for a stated period. The holder of the licence (franchisee) usually pays the grantor of the… …
4franchise clause — (esp. in marine insurance policy) a clause stipulating that the insured will be responsible for any loss not in excess of a stated amount, and the insurance company will be liable for full payment of the loss equaling or exceeding the amount up… …
5franchise clause — (esp. in marine insurance policy) a clause stipulating that the insured will be responsible for any loss not in excess of a stated amount, and the insurance company will be liable for full payment of the loss equaling or exceeding the amount up… …
6Marine insurance — Admiralty law History …
7United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …
8Deductible — In an insurance policy, the deductible is the amount of expenses that must be paid out of pocket before an insurer will pay any expenses.[1] It is normally quoted as a fixed quantity and is a part of most policies covering losses to the policy… …
9Lloyd's of London — Not to be confused with Lloyds TSB or Lloyd s Register. Lloyd s redirects here. For other uses, see Lloyd This article is about the insurance market. For the film, see Lloyd s of London (film). Lloyd s Type Ins …
10Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …
