A contract under which a risk is shared on a percentage basis between the insurance company and the policyholder (an insurance policy under which the policyholder bears a percentage of the loss together with the insurance company). – See self-insurance, deductible, self-insurance, securitization.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/