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Old 9th May 2014, 10:28
  #232 (permalink)  
Jonzarno
 
Join Date: Dec 2011
Location: Cambridge
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If the plane I am passenger in goes splat, how much will the underwriters have to pay out?
If it goes splat under CAPS, rather less than if you are killed. That's why many insurers in the US will waive the insurance excess if CAPS is used.
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