Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

what does a deductible in an insurance policy refer to? the amount the …

Question

what does a deductible in an insurance policy refer to? the amount the policyholder pays before the insurer the amount the insurer pays before the policyholder the total premium paid annually the total coverage amount

Explanation:

Brief Explanations

A deductible is a standard insurance term referring to the out-of-pocket amount a policyholder must cover first, before their insurance provider begins to pay for covered claims.

Answer:

The amount the policyholder pays before the insurer