deductible plan
A deductible plan is a liability or workers compensation insurance rating plan under which an insured retains each loss up to the deductible amount and for which the insurer remains responsible for claim payment if the insured defaults.
deductible plan
A deductible plan is a liability or workers compensation insurance rating plan under which an insured retains each loss up to the deductible amount and for which the insurer remains responsible for claim payment if the insured defaults.
Additional Information
The insurer is also responsible for claims handling services. Also known as a filed deductible policy.
