Site Map


Insurance excess

The mortgage definition for Insurance excess:

Applies to an insurance claim and is simply the first part of any claim that must be covered by yourself. This can range from 50 to 1000 or higher. Increasing your excess can significantly reduce your premium. On the other hand, a waiver can sometimes be paid to eliminate any excess at all. Always check the excess in your policy.

Similar Matches

Accident, Sickness and Unemployment insurance

Accident, Sickness and Unemployment insurance
Income protection incorporating cover for loss of earnings arising from accident, sickness or unemployment. Usually paid out in the form of a monthly tax-free income to cover a portion of lost earnings and restricted to two years from the date of the first payment.

Blanket insurance policy

Blanket insurance policy
A policy that covers more than one person or piece of property.

Buildings and contents insurance

Buildings and contents insurance
Buildings and contents insurance can often be purchased together protecting both the building structure and your belongings and possessions inside.

Further Suggestions

Buildings insurance
Conditional insurance
Contents insurance
Disability insurance
Letting insurance
Mortgage payment protection insurance (MPPI)
Payment protection insurance

Click to compare definitions of
Insurance excess
Click to view definitions beginning in
  www.mortgage-terms.co.uk is a finance, business, investment and stock market resource of common mortgage words. Stamp Duty Calculator - Income Tax Calculator.