KABZE-EL

\kˈabzˌɛl], \kˈabzˌɛl], \k_ˈa_b_z_ˌɛ_l]\

Definitions of KABZE-EL

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PROPORTIONAL AGREEMENT

  • When an insurer must take their share the losses based on a fixed variable percentage or monetary value. Refer to excess of loss agreement.
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