What Does Stop Loss Mean?

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

Stop Loss

Stop Loss

A form of reinsurance also known as "aggregate excess of loss reinsurance" under which a reinsurer is liable for all losses, regardless of size, that occur after a specified loss ratio or total dollar amount of losses has been reached

We hope the you have a better understanding of the meaning of Stop Loss.

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