XL

Definition : Excess of Loss
Category : Business » Business Terms
Country/Region : Worldwide Worldwide
Popularity :

What does XL mean?

Excess of Loss (XL or XoL) is a form of insurance where the reinsurer agrees to pay the balance of any losses exceeding a stated monetary amount.

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Worldwide XL eXtra Large
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Frequently Asked Questions (FAQ)

What is the full form of XL in Insurance?

The full form of XL is Excess of Loss

What is the full form of XL in Business?

Excess of Loss

What are the full forms of XL in Worldwide?

eXtra Large | Excess of Loss