EXCESS CLAUSE

EXCESS CLAUSE

excess clause. An insurance-policy provision ¡ª usu. contained in the ¡°other insurance¡± section of the policy ¡ª that limits the insurer’s liability to the amount exceeding other available coverage. ? This clause essentially requires other insurers to pay first. Cf. ESCAPE CLAUSE; PRO RATA CLAUSE. [Cases: Insurance 2111(2).]
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Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.