Excess liability:

Excess liability:
A . covers the insured against the loss in access of an actual amount, but only for profits as covered and defined in a predetermined planning.
B . covers the insured against the loss in access of an actual amount, but only for profits as covered and defined in an underlying policy.
C . covers all uninsured against the gain in access of a stated amount, but only for losses as covered and defined in an underlying policy.
D . covers the insured against the loss in access of a stated amount, but only for losses as covered and defined in an underlying policy.

Answer: D

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