Excess period Clause Samples

The "excess period" clause defines a specific duration at the start of a loss or claim during which the insurer is not liable to pay benefits. Typically, this period acts as a waiting time—such as the first 7 or 14 days after an incident—before insurance coverage begins to apply. By establishing this initial timeframe, the clause helps prevent minor or short-term claims and ensures that insurance responds only to more significant or prolonged losses, thereby managing risk and controlling costs for the insurer.

Excess period. If the subscription is made from the country to which the trip is made, the consequences of an illness occurring during the first 15 days of the trip are not covered. The same will apply if your contract is extended late, i.e. more than 48 hours after your initial contract expires.

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Excess period. Excess period means the number of days expressed as such in the schedule, during which all business interruption costs are to be borne by the named insured for any business interruption arising out of each and every pollution condition.