EXCESS. An excess is the amount that you must pay towards each claim you make. These will vary depending on the company you go with, so be sure to read the small print. It's worth checking how much your excesses are before making a claim, to ensure that it's really worth it. EXCLUSIONS. Every insurance policy has particular items or events that will be excluded from their cover. Exclusions that appear often might be things like claims arising from medical conditions that you haven't declared, or claims for medical expenses that arose from the policyholder not taking reasonable precautions to prevent injury.
Published on Nov 11, 2013