Identify the type of deductible that requires payment for all losses less than a specified dollar amount.
A)Vanishing deductible
B)Straight deductible
C)Disappearing deductible
D)Waived deductible
E)Franchise deductible

Question

Quizplus · Accepted Answer

A straight deductible is a type of insurance deductible that requires the policyholder to pay for all losses up to a specified dollar amount.

Identify the Type of Deductible That Requires Payment for All