deductible

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deductible

On a building project, a type of insurance policy stipulating that in the event of loss, the insured is liable for a specified initial amount and the insurance company is liable for the amount above that figure, up to the insured amount.
References in periodicals archive ?
If the benefits given to contributors cannot meet these guidelines, their FMVs must be determined and will limit the donor's deductible amount.
Layer 3: Deductible amount of each qualified trade or business.
* The deductible amount of your losses for a year are also subject to two other limitations:
Calculate each activity's tentative deductible amount separately and carry each tentative deductible amount after the wage and property limitation to Step 7.
Award criteria: the most economically advantageous offer appreciated according to the criteria stated below: technical value of the offer: 60% - pricing and deductible amount: 40% -
High-deductible health plans require you to make larger out-of-pocket payments to meet the plan's deductible amount. The minimum deductible is $1,350 for an individual or $2,700 for a family.
For 2018, the 10 Best Non-Luxury and Luxury CPO Programs were identified based on a series of factors, including powertrain warranty length (with a minimum of six years or 100,000 miles of coverage from the original sale date), available inventory, bumper-to-bumper warranty coverage, deductible amount and transferability to future vehicle owners.
The deductible amount for each qualified business is the lesser of:
Answer: The deductibles section of the policy refers to the monetary deductible amount that the insured agrees to pay in the event of a covered loss.
For 2015, this means that the plan must have a deductible amount of $1,300 or more for self-only coverage or $2,600 for family coverage.
It should be done in such a manner that the deductible amount is at the lowest possible level in a month.
If an employee's account is empty, he is responsible for paying his deductible amount.