What is a deductible?(1 point)
Responses
the amount paid by the policyholder to the insurer on a regular basis for the policy
the amount paid by the policyholder to the insurer on a regular basis for the policy
the maximum amount a policy will pay out in any one year
the maximum amount a policy will pay out in any one year
the amount paid by the policyholder before the insurance policy starts paying on the claim
the amount paid by the policyholder before the insurance policy starts paying on the claim
the amount paid after the deductible has been satisfied and until the out-of-pocket maximum has been reached
1 answer
the amount paid after the deductible has been satisfied and until the out-of-pocket maximum has been reached
1 answer