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单词 aggregate stop-loss insurance
释义

aggregate stop-loss insurance

Definition
A type of commercial insurance policy whereby additional coverage is provided to cover costs that exceed traditional coverage in a self-funded plan. For example, if the total amount of benefit claims equal 120% of the face amount of one policy, this insurance would cover the additional 20% of the total costs.
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更新时间:2025/4/17 4:42:21