Peter Pan serves over 100 communities throughout the northeast corridor, with daily express service including Boston, New York, Philadelphia, Baltimore and Washington, DC. The company transports over three million passengers a year and its fleet of more than 300 buses travels over 25 million miles annually.
Definition of EXCESS OF LOSS (XOL) AGREEMENT: A REINSURANCE arrangement where a REINSURER assumes RISKS and returns in specific horizontal or vertical layers; depending on the magnitude of losses and t
1. I won't have to pay an excess if an accident is not my fault or my car is stolen. An excess is agreed at the time a policy is purchased and it is the first part of any claims cost which the policyholder agrees to pay if they make a claim.It is really a signed contract or agreement.. I won't have to pay an excess if an accident is not my fault or my car is stolen. An excess is agreed at the time a policy is purchased and it is the first part of any claims cost which the policyholder agrees to pay if they make a claim.