Definition: Insurance "y mas" is a term used to describe an insurance policy that has a higher deductible than the basic or standard coverage provided by most policies. The term "mas" in this context refers to "more," "extra," "higher," or "larger." So, if you're buying a policy with a higher deductible of 15% of the amount of the policy premium, the insurance company will require you to pay an extra 15% as a claim payment. This means that the price of your insurance is increased by this additional amount. For example, consider a policy that has a $100 million deductible and a monthly premium of $500. If the policyholder takes out a claim for something valued at $20 million, they would need to pay an extra $20 million as a claim payment, making their insurance total $300 million (in this case).
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