A deductible is the specific amount that an individual is responsible for paying out of pocket before their insurance kicks in and begins to cover the rest of the expenses. It is not a percentage of the covered expense or what the insurance company pays. Therefore, the best choice is C.

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A Deductible Is the

Question 15

Multiple Choice

A deductible is the

A) percentage of a covered expense that an individual will have to pay.
B) percentage of a covered expense that an insurance company will have to pay.
C) amount of covered expense that an individual will have to pay before the insurance company pays anything.
D) amount of covered expense that an insurance company will have to pay before the individual pays anything.

Correct Answer: