Deductible financial definition of Deductible. Deductible finance term by the Free Online Dictionary.

Deductible

An amount or period which must be deducted before an insurance payout or settlement is calculated.

Deductible

1. Able to be taken off of one's tax liability. See: Deduction.

2. In insurance, the amount that a policyholder must pay for a claim before the insurance company will make any payments at all. That is, if an insured event happens, the policyholder is responsible for covering damages up to a certain dollar amount, at which point the insurance company begins coverage. Some insurance policies have an annual deductible; that is, if two insured events happen in a given year, the deductible is only applied once. Other policies have a per event deductible; that is, the deductible applies each time a claim is made. Generally, the higher one's deductible is, the less one pays in premiums on the policy.

Deductible. A deductible is the dollar amount you must pay for healthcare, damage to your property, or any other insurable claim before your insurance company begins to cover the cost of the bill.

For example, if you have a health insurance policy with an annual $300 deductible, you have to spend $300 of your own money before your insurer will pay whatever portion of the rest of the year's bills it has agreed to cover.

However, in some types of policies, the deductible is per event, not per year. Generally speaking, the higher the deductible you agree to pay, the lower your insurance premiums tend to be. However, the deductible for certain coverage is fixed by the insurance provider. That's the case with Original Medicare.

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Aggregate Annual Deductible Basic Health Insurance Policy Constructive Dividend Deductible Contribution Earthquake Insurance expenses Form 1098-E High Deductible Health Plan individual retirement account Insurance Policy interest deductions IRA private mortgage insurance residential mortgage Traditional IRA	One of the most important decisions you make when selecting a car insurance coverage policy is the level of deductible your policy will include The deductible is the amount you will pay, from your own funds, if your vehicle is in an accident, or otherwise damaged or stolen One of the most important decisions you make when selecting a car insurance coverage policy is the level of deductible your policy will include. Car Insurance Deductibles by Robin Skeen / Automotive community In a few cases, it was either the higher deductible or no coverage at all. Insuring the deductible: what's the catch? Coverage kicks in only if ... by Roberts, Jack / Risk & Insurance Employers seeking maximum control and/or cost savings in their insurance programs often select self-insurance or large deductible plans. A new workers' compensation hybrid: combining a large deductible plan ... by Rogers, Michael T. / Florida Underwriter	declaration of condominium ownership declaration of homestead declaration of restrictions declaration of trust Declaratory Judgment Declare Declared Dividend Declassement Decline Decliner Declining Balance Method Declining Balance Method of Depreciation Declining Industry Decote a terme Decoupling Decreasing Term Insurance decree decree of foreclosure and sale Dedicated Capital dedicated circuit Dedicated Short Bias Dedicating a Portfolio dedication Dedication Strategy Deducao de imposto Deductible Deductible Contribution Deduction Deduction pour impot paye a l'etranger Deductive reasoning Deduzione deed deed books deed in lieu of foreclosure deed indented deed of reconveyance deed of trust deed poll deed restriction deed to secure debt Deep Discount Bond Deep Discount Brokerage Firm Deep in the Money Deep Market Deep Out of the Money Deep-Discount Bond Deep-in-the-Money Deep-Out-of-the-Money defamation of title default Default Interest	Deducibleness Deducibly Deducibly deducing deducing Deducive deduct deduct deduct deduct deduct deduct deduct deduct from deduct from Deductable Deductable Deductable Deductable Deductable deducted deducted deducted deducted deducted deductibility deductibility deductibility deductibility deductibility Deductible deductible amount deductible amount deductible amount deductible amount deductible amount deductible clause deductible clause deductible clause deductible clause deductible clause Deductible contribution Deductible Contributions Deductible Employee Contribution Deductible expense Deductible expense Deductible Gift Recipient Deductible Interest Deductible IRA Deductible IRAs deductibles deductibles deductibles deductibles deductibles deducting deducting deducting deducting deducting deductio

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Aggregate Annual Deductible
Basic Health Insurance Policy
Constructive Dividend
Deductible Contribution
Earthquake Insurance
expenses
Form 1098-E
High Deductible Health Plan
individual retirement account
Insurance Policy
interest deductions
IRA
private mortgage insurance
residential mortgage
Traditional IRA

One of the most important decisions you make when selecting a car insurance coverage policy is the level of deductible your policy will include The deductible is the amount you will pay, from your own funds, if your vehicle is in an accident, or otherwise damaged or stolen One of the most important decisions you make when selecting a car insurance coverage policy is the level of deductible your policy will include.

Car Insurance Deductibles by Robin Skeen / Automotive community

In a few cases, it was either the higher deductible or no coverage at all.

Insuring the deductible: what's the catch? Coverage kicks in only if ... by Roberts, Jack / Risk & Insurance

Employers seeking maximum control and/or cost savings in their insurance programs often select self-insurance or large deductible plans.

A new workers' compensation hybrid: combining a large deductible plan ... by Rogers, Michael T. / Florida Underwriter

declaration of condominium ownership

declaration of homestead

declaration of restrictions