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Insurance

Straight deductible

In the realm of finance, there exists a concept known as a deductible. This is a fixed amount that is applicable to every loss and is deducted before any loss payment is disbursed. It is an important consideration when assessing insurance policies, as it can impact the overall cost of coverage. It is crucial to understand this term in order to make informed financial decisions.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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