What Does Attachment Point Mean?

Free Business Insurance Quote Click Here
What does Attachment Point mean? Read on to discover the definition & meaning of the term Attachment Point - to help you better understand the language used in insurance policies.

Attachment Point

Attachment Point

An attachment point is a concept used in the context of reinsurance. It is the amount that a ceding company will pay for a risk. Once the loss exceeds this amount, the reinsurer will step in and pay for the excess.

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

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


Free Business Insurance Quote Click Here