Insurance Excess Explained in Simple Terms, What It Is, Why It Exists, and How It Works
14:52
YouTubeRebohle Risk Management
Insurance Excess Explained in Simple Terms, What It Is, Why It Exists, and How It Works
Understanding excess is one of the most important parts of any insurance policy, yet it is also one of the most misunderstood. In this short tutorial, we break down excess in simple, everyday language. You will learn: • What insurance excess is • Why excess exists • How excess works when you claim • Examples of excess • When you do ...
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