Deductible clause synonyms, deductible clause antonyms - FreeThesaurus.com
deductible (redirected from deductible clause)
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Antonyms for deductible
(taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
acceptable as a deduction (especially as a tax deduction)
References in periodicals archive
The crime form deductible clause
states that the insurer will not pay for loss in any one occurrence unless the amount of loss exceeds the deductible amount indicated in the declarations, and then will pay up to the limit of insurance.
The usual commercial credit insurance policy is written with a deductible clause
, which is based on the premise that an insurance company will only insure against unexpected or catastrophic losses, not those losses that are normal and expected.
Finally, he encouraged the New York Insurance Department to recognize insurers' use of computer catastrophe models in rate-making; standardize the triggers for activation of windstorm deductible clauses
; and give insurers greater flexibility in the degree and timing of rate changes.