When two or more policies provide coverage, the excess policy would pay any thing after or above that which would be paid by the primary policy or primary insurance.
This entry was posted in . Bookmark the permalink.
(i) An agreement in advance, by an Insurer, to continue insurance in the event of a certain defined circumstance arising; or (ii) An insurer may agree to “hold covered” a new risk or a renewal pending receipt of special requested information or full information.