primary insurance

  

Definition

Property or liability insurance policy that covers up to the policy's limit (usually after deductibles) whether or not other policies cover the same risk. In contrast, excess insurance is triggered only when the primary insurance is exhausted.

Use primary insurance in a sentence

Related Videos




http://www.businessdictionary.com/definition/primary-insurance.html

Mentioned in these terms

Have a question about primary insurance? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z