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An surplus is the agreed amount of money you will pay towards a claim on a travel insurance policy and can be referred to as a deductible Once the surplus has been settled your travel insurance provider will then pay the remaining expenses up to the limit of cover
An excess is the agreed amount of money you will pay towards a claim on a travel insurance policy and can be referred to as a deductible Once the excess has been settled your travel insurance provider will then pay the remaining expenses up to the limit of cover For example if you submit a claim for 400 and your excess is 100 then
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Wednesday, November 17, 2021