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sarovyas



Joined: 20 Jun 2013
Posts: 5

PostPosted: Thu Jun 20, 2013 2:55 am    Post subject: Cat Insurance Reply with quote

The excess is the amount you must put towards the policy if a claim has to be made. Therefore is a policy seems to be very cheap it might be due to the fact that the provider is asking for a lot of excess. Of course if you never have to claim on the insurance this works in your favour, however if you need to make more than one claim you could lose the money you have saved in premiums.
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