Deterrent excess. The Insured will bear (in addition to any part of the loss which is excluded from cover under this contract) the first amount of each and every loss up to twice the specified amount, arising from any of the following. The deterrent excess does not apply to defence costs.
Appears in 5 contracts
Sources: Contract of Professional Indemnity Insurance for Barristers, Contract of Professional Indemnity Insurance for Barristers, Contract of Professional Indemnity Insurance for Barristers