primary insurance; underlying insurance

简明释义

优先保险

英英释义

例句

1.The policyholder must first contact their primary insurance 主要保险 provider to initiate the claim process.

投保人必须首先联系他们的主要保险 primary insurance 提供者以启动索赔流程。

2.It's important to understand the limits of your primary insurance 主要保险 before purchasing additional coverage.

在购买额外保险之前，了解您的主要保险 primary insurance 的限额是很重要的。

3.After an accident, the first step is to file a claim with your primary insurance 主要保险 company.

事故发生后，第一步是向您的主要保险 primary insurance 公司提交索赔申请。

4.The underlying insurance 基础保险 must be maintained to ensure that the umbrella policy remains valid.

必须维持基础保险 underlying insurance 以确保伞式保单保持有效。

5.In cases of multiple coverages, the underlying insurance 基础保险 will pay before the excess policy kicks in.

在多重保险的情况下，基础保险 underlying insurance 将在超额保单生效之前支付。

作文

Understanding the concepts of primary insurance and underlying insurance is crucial for anyone involved in the field of insurance, whether as a professional or a consumer. Both terms play significant roles in the overall insurance framework, yet they serve different purposes and are applicable in various contexts.Primary insurance, as the name suggests, is the first layer of coverage that responds to a claim. It is the insurance policy that an individual or business holds directly and is responsible for paying the premiums on. For instance, if you own a car and have an auto insurance policy, that policy is your primary insurance. In the event of an accident, your primary insurance will cover the damages up to the limits specified in your policy. This type of insurance is essential because it provides immediate financial protection against risks associated with personal property, liability, and other unforeseen events.On the other hand, underlying insurance refers to policies that provide coverage beneath a higher limit of insurance, often referred to as excess or umbrella insurance. This type of insurance comes into play when the limits of the primary insurance have been exhausted. For example, if you have a general liability policy with a limit of $1 million and you face a lawsuit that results in a $2 million judgment, your underlying insurance would cover the additional $1 million, provided you have such coverage in place.The relationship between primary insurance and underlying insurance is vital for comprehensive risk management. Businesses, in particular, often rely on both types of insurance to protect their assets and mitigate potential liabilities. A well-structured insurance program typically includes a primary insurance policy that addresses immediate risks, along with underlying insurance that offers additional layers of security against larger claims.It is important for individuals and businesses to assess their specific needs when determining how much primary insurance and underlying insurance they require. Factors such as the nature of the business, the assets at risk, and the potential liabilities should all be considered. Consulting with an insurance professional can help in tailoring an insurance strategy that maximizes coverage while minimizing costs.In conclusion, understanding the differences between primary insurance and underlying insurance is essential for effective risk management. While primary insurance provides the first line of defense against losses, underlying insurance acts as a safety net that kicks in when those primary limits are reached. Together, they form a robust insurance framework that protects individuals and businesses from unexpected financial burdens. By recognizing the importance of both types of insurance, policyholders can make informed decisions that enhance their overall financial security and peace of mind.

理解主保险和基础保险的概念对于任何参与保险领域的人来说都是至关重要的，无论是作为专业人士还是消费者。这两个术语在整体保险框架中扮演着重要角色，但它们的目的不同，适用于各种背景。如其名所示，主保险是响应索赔的第一层覆盖。它是个人或企业直接持有的保险政策，并且负责支付保费。例如，如果您拥有一辆汽车并且有一份汽车保险政策，那么该政策就是您的主保险。在发生事故时，您的主保险将根据政策中规定的限额覆盖损失。这种类型的保险至关重要，因为它提供了针对与个人财产、责任和其他不可预见事件相关的风险的即时财务保护。另一方面，基础保险指的是在更高的保险限额下提供覆盖的政策，这种保险通常被称为超额或伞形保险。当主保险的限额耗尽时，这种类型的保险就会发挥作用。例如，如果您有一份限额为100万美元的一般责任保险政策，而您面临的诉讼导致200万美元的判决，那么您的基础保险将覆盖额外的100万美元，前提是您有这样的保险覆盖。主保险和基础保险之间的关系对于全面的风险管理至关重要。特别是企业，通常依赖这两种类型的保险来保护其资产并减轻潜在责任。一个结构良好的保险计划通常包括一份主保险政策，以应对直接风险，以及基础保险，为更大的索赔提供额外的安全层。在确定需要多少主保险和基础保险时，个人和企业需要评估其特定需求。商业性质、风险资产和潜在责任等因素都应考虑在内。咨询保险专业人士可以帮助制定最大化覆盖范围同时最小化成本的保险策略。总之，理解主保险和基础保险之间的差异对于有效的风险管理至关重要。虽然主保险提供了对损失的第一道防线，但基础保险则充当了一个安全网，当这些主限额达到时，它会启动。两者共同构成了一个强大的保险框架，保护个人和企业免受意外财务负担。通过认识到这两种类型保险的重要性，保单持有者可以做出明智的决策，从而增强他们的整体财务安全感和心理安宁。