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Why turkey has the same name as Turkey

excess insurance

noun
1.
insurance covering a policyholder only for that portion of losses that exceeds a stated amount.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for excess insurance
  • Used to provide excess insurance for a self-insurance program.
  • As a result, the demand for various forms of excess insurance has diminished.
  • Applicants purchase excess insurance to provide coverage above their liability limits.
  • Changes to specific excess insurance and/or security requirements.
  • State law invalidates this excess insurance clause in this situation.

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