Was ist Deckungsgrenze?
Deckungsgrenze The maximum amount an insurer will pay for a covered loss under an insurance policy, as specified in the contract terms and conditions.
Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
How is “Deckungsgrenze” Used in Practice?
Übersteigen die Schäden die Deckungsgrenze, haftet der Versicherte für den darüber hinausgehenden Betrag.
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Who Needs to Know This Term?
- Financial Analysts
- Bankers
- Traders
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Was ist Deckungsgrenze?
The maximum amount an insurer will pay for a covered loss under an insurance policy, as specified in the contract terms and conditions.
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