Definition : Reasonable additional amount

Amount to be paid into the self-insurance fund, in addition to the amount of the highest deductible, to enable the syndicate of co-owners to provide for the payments it will have to assume from its own money, in the event of a loss, due to the conditions (e.g. in the case of a amount of insurance (insurance limit), insurance insufficiency (under insurance)) or the exclusions (e.g. water damage) contained in the insurance policy.