Aggregate Stop Loss Insurance

A company insurance policy that provides coverage on all expenses when another insurance policy exceeds its projected costs. For example, if an employer provides insurance for its employees but the costs for the company exceed 115% of projected costs, an aggregate stop loss insurance policy would pay for all the company's costs over this amount. An aggregate stop loss insurance policy reduces the company's risk in providing employee benefits.

单词	aggregate stop loss insurance
释义	Aggregate Stop Loss Insurance Aggregate Stop Loss Insurance A company insurance policy that provides coverage on all expenses when another insurance policy exceeds its projected costs. For example, if an employer provides insurance for its employees but the costs for the company exceed 115% of projected costs, an aggregate stop loss insurance policy would pay for all the company's costs over this amount. An aggregate stop loss insurance policy reduces the company's risk in providing employee benefits.
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