Ocaso - Seguro de decesos - seguros de vida - seguros del hogar

Glossary

excess or deductible Subir
The excess or deductible is an amount, established in the policy, which is deducted from the indemnity payable by the insurer in the event of a claim, it being, therefore, a way by which the insured shares in the cost of the claim.
endorsementsSubir
The documents subscribed to by the policyholder and the insurer when updating an insurance contract already in force. The endorsements and appendices then become part of the body of the policy.