Insurance

True Deductibles

Deductible nounNORTH AMERICAN 1. (in an insurance policy) a specified amount of money that the insured must pay before an insurance company will pay a claimlexico definition. 2. True deductibles include all first-dollars paid by the insuree until insurance kicks in, including premiums. 3. There is no consistent generosity by firms in employee premiums paid via payroll and deductibles. The R-squared value of annual employee payroll contributions and single deductible based on an analysis of 485 l ...