Stop-loss Reinsurance (SLR)

Stop-loss Reinsurance (SLR),

How To Define Stop-loss Reinsurance (SLR)?

  1. An arrangement under which the insurance company makes all the losses of the insurance insurers subject to a claim-based policy limit which exceeds a certain amount. Don't get confused with extra stop loss insurance. See also insurance benefits that look like SLRs.

  2. Stop Loss Reinsurance is a type of stop loss insurance that covers insurance for losses incurred by the insured over a specified period (usually one year), which covers a certain amount of certain business operations or Consider the percentage. The premium earned is higher than the policy limit.

    Stop loss reinsurance is also known as over insurance.

Literal Meanings of Stop-loss Reinsurance (SLR)

Stop:

Meanings of Stop:
  1. (An event, action or process) ends in failure.

  2. The cause (action, deed or event) disappears.

  3. Block or cover (orifice or leak)

  4. Stop moving or acting.

  5. A series of limb pipes with specific height and access.

  6. The effective diameter of the lens.

Sentences of Stop
  1. As soon as it starts, the laughter stops

  2. This harassment should stop

  3. Trying to cover the hole with the heel of the shoe

  4. All closed companies

Synonyms of Stop

cease, come to a standstill, fill, finish, terminate, put an end to, close, come to an end, halt, conclude, end, plug, fill up, standstill, draw to a close, put a stop to, bring to an end, block, be over, bring to a halt, close up, block up, come to a stop, bring to a stop

Loss:

Sentences of Loss
  1. Avoid wasting time

Synonyms of Loss

misplacement, dropping, forgetting, overlooking, mislaying

Reinsurance:

Meanings of Reinsurance:
  1. An agreement in which an insured transfers all or part of the risk to another insurer to protect himself from the risk of the first insurance.

Sentences of Reinsurance
  1. Such incidents will make it difficult for your clients to get international insurance.

SLR:

Meanings of SLR:
  1. Single lens reflex camera.

  2. Name or relationship to single lens reflex camera.

Sentences of SLR
  1. The best camera for the job is a lens reflex camera

  2. These products made digital SLR cameras available to the general public.