excess clause

excess clause
An "excess clause" in insurance policy limits liability to the amount of loss in excess of the coverage provided by other insurance. Federal Kemper Ins. Co., Inc. v. Health Ins. Admin., Inc., 424 Mich. 537, 383 N.W.2d 590, 592. In insurance policy, such clause provides for insurer's liability up to limits of policy covering excess loss only after exhaustion of other valid insurance. Underground Const. Co., Inc. v. Pacific Indem. Co., 49 Cal.App.3d 62, 122 Cal.Rptr. 330, 333.
See also excess policy

Black's law dictionary. . 1990.

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  • excess clause — An excess clause in insurance policy limits liability to the amount of loss in excess of the coverage provided by other insurance. Federal Kemper Ins. Co., Inc. v. Health Ins. Admin., Inc., 424 Mich. 537, 383 N.W.2d 590, 592. In insurance policy …   Black's law dictionary

  • excess policy — One that provides that the insurer is liable only for the excess above and beyond that which may be collected on other insurance. Brownsville Fabrics, Inc. v. Gulf Ins. Co., Tex.Civ.App., 550 S.W.2d 332, 337. See also excess clause …   Black's law dictionary

  • excess policy — One that provides that the insurer is liable only for the excess above and beyond that which may be collected on other insurance. Brownsville Fabrics, Inc. v. Gulf Ins. Co., Tex.Civ.App., 550 S.W.2d 332, 337. See also excess clause …   Black's law dictionary

  • excess insurance — noun 1. : insurance in which the underwriter s liability does not arise until the loss exceeds a stated amount and then only on the excess above that amount 2. : insurance over and above that necessary to meet the requirements of a coinsurance… …   Useful english dictionary

  • deductible clause — Clause in insurance policy providing that insured will absorb first part of loss (e.g. first $100) with insurer paying the excess …   Black's law dictionary

  • deductible clause — Clause in insurance policy providing that insured will absorb first part of loss (e.g. first $100) with insurer paying the excess …   Black's law dictionary

  • Necessary and Proper Clause — United States of America This article is part of the series: United States Constitution Original text of the Constitution Preamble Articles of the Constitution I · …   Wikipedia

  • economic equilibrium clause — USA A type of stabilization clause contained in a host government agreement (HGA) or other international investment agreement between a host government and a foreign investor that protects foreign investors from laws and regulations adopted after …   Law dictionary

  • franchise 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… …   Universalium

  • franchise 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… …   Useful english dictionary

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