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disappearing deductible

Disappearing deductible is 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.

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disappearing deductible

Disappearing deductible is 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.

Additional Information


Disappearing deductibles were once commonly used in property insurance policies.