disappearing deductible

  

Definition

Insurance policy which does not pay any claim below a certain limit, but pays in full (without any deduction) if the claim is over another limit. Claims falling between these two limits are paid on a percentage basis.

Related Videos




http://www.businessdictionary.com/definition/disappearing-deductible.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z