Skip Navigation Links IRMI Online > Glossary of Insurance & Risk Management Terms > Terms > D > disappearing deductible
Warning! You are currently not signed in. Any products you have purchased will not be displayed until you Sign In

disappearing deductible

A formula deductible that decreases as the amount of loss increases and disappears entirely to provide full coverage when the loss reaches a specified amount. Disappearing deductibles were once commonly used in property insurance policies.

Navigation

Social Media