What Does Ratable Losses Mean?

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

Ratable Losses

Ratable Losses

The insured's incurred loss dollars, including all losses paid and outstanding, subject to a maximum per-loss amount or loss limitation.

We hope the you have a better understanding of the meaning of Ratable Losses.

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