What Does Attachment Basis Mean?

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What does Attachment Basis mean? Read on to discover the definition & meaning of the term Attachment Basis - to help you better understand the language used in insurance policies.

Attachment Basis

Attachment Basis

A provision in reinsurance agreements that determines whether, and in what manner, a reinsurance agreement covers a specific loss.

We hope the you have a better understanding of the meaning of Attachment Basis.

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