MLchartDataset catalogue

Excess cover

Term · Insurance and risk management · MLC-T-INS-001368

Insurance that provides additional layers of protection above the limits of primary liability policies. It activates only after the underlying insurance has been exhausted by a claim. This coverage is designed to protect against catastrophic losses that exceed the capacity of standard policies, offering higher limits for severe events.

Table 1. Record
IdentifierMLC-T-INS-001368
FieldInsurance and risk management
SubjectExcess Umbrella
Record as JSON 
{
  "id": "MLC-T-INS-001368",
  "term": "Excess cover",
  "field": "Insurance and risk management",
  "definition": "Insurance that provides additional layers of protection above the limits of primary liability policies. It activates only after the underlying insurance has been exhausted by a claim. This coverage is designed to protect against catastrophic losses that exceed the capacity of standard policies, offering higher limits for severe events.",
  "subject": "Excess Umbrella",
  "url": "https://mlchart.com/terminology/insurance/excess-cover/"
}

Record 1,229 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.