16:59 Mar 27, 2019
I just want to chime in years after the fact and suggest that the focus on "insurance" is misplaced here. This sort of thing is commonly called a "deductible waiver", not insurance, and is sold as an option on a policy. If you have to satisfy a Brit (or a Brit-trained English speaker), then "excess waiver" would be appropriate, IMO. I have a hard time imagining this is actually written as separate cover(age). So saith this ex-underwriter/risk manager/broker/lawyer after years of laboring in commercial insurance. :-) |