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Reinsurance

Written by: PeopleKeep Team
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Originally published on January 20, 2013. Last updated November 21, 2013.

The transfer of part of the insurance risk to another insurer or insurers--self-funded plans generally buy specific and/or aggregate stop-loss coverage to cover losses in excess of certain limits (also known as excess loss coverage). (See Attachment Point)

Originally published on January 20, 2013. Last updated November 21, 2013.
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