Definitions for "excess insurance"
Insurance which applies to that portion of a loss or damage which exceeds a specified amount.
(Assurance complémentaire or Assurance des risques successifs) Excess insurance relates to an insurance policy which becomes effective only when a loss is in excess of a certain amount or where it is in excess of the primary policy.
Coverage which becomes available to the insured only above a stipulated amount of loss, or only after any other applicable insurance has been exhausted.