Home
E-Mail
Latest

Deductible

What is it? The amount of an insured loss paid by the policyholder. For example, if you select a deductible of $250 for your auto insurance policy, you agree to pay the first $250 worth of damages to your car if you are in an accident. In health insurance, it is the

Added By: Sophia

The Deductible definition has been viewed 47 Time(s)!




Send To Friends!

If you'd like to send the Deductible definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Deductible. If you need any more information on this term, please don't hesitate to contact us.