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prisoha [69]
3 years ago
11

is the term used used to represent the portion of a catastrophic financial loss that must be covered by th insured before the in

surance coverage provides any compensation for the loss
Business
1 answer:
NemiM [27]3 years ago
6 0

Answer:

insurance deductible

Explanation:

An insurance deductible is a term that refers to an amount of money that an insured individual or business must pay when he files a claim so before the insurance company starts to pay the rest of the value of the claim. The insurance deductible must be specified in the insurance policy.

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