Nebraska Statutes 13-1608. Excess insurance, defined
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Excess insurance shall mean (1) aggregate insurance, (2) specific insurance, or (3) insurance in excess of a deductible, of which the plan sponsor assumes some or all of the risk for the deductible, purchased from an insurer.
Terms Used In Nebraska Statutes 13-1608
- Excess insurance: shall mean (1) aggregate insurance, (2) specific insurance, or (3) insurance in excess of a deductible, of which the plan sponsor assumes some or all of the risk for the deductible, purchased from an insurer. See Nebraska Statutes 13-1608
- Insurer: shall mean an insurer as defined in section Nebraska Statutes 13-1610
- Plan sponsor: shall mean any political subdivision providing an employee benefit plan. See Nebraska Statutes 13-1611