• International Insurance Blog

  • Monday, December 18, 2017

  • What is a deductible?

    Filed Under: FAQ
    Author: Anupama

Q: What is a deductible?

A: A insurance company deductible is a way for the insurance company to reduce claims and your premium. It is the initial amount that you have to meet before the insurance company pays for anything. International insurances also have deductibles. The higher the deductible, the lower the cost and vice versa.

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