Meaning Of The Word Deductible clause

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Deductible clause Meaning

Deductible clause Definition
Deductible clause Definition

What's The Definition Of Deductible clause?

deductible clause in American English
noun: a clause in an insurance policy stipulating that the insured will be liable for a specified initial amount of each loss, injury, etc., and that the insurance company will be liable for any additional costs up to the insured amount

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