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.
Popular 'Disaster Planning & Risk Management' Terms
disappearing deductible in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/disappearing-deductible.html
