2013345
2013345 2013345
  • 27-04-2018
  • Advanced Placement (AP)
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deductible definition law

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Imhers159
Imhers159 Imhers159
  • 27-04-2018
The amount or percent of an insurance claim that the insured is responsible for and the company deducts for payment. It can be voluntary but is usually given to the insurer to not pay many small claims.
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