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.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

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