Which of the following is a deductible whose amount decreases as the amount of the loss increases?
A)Demutualized deductible
B)Waived deductible
C)Disappearing deductible
D)Straight deductible
E)Franchise deductible

Question

Quizplus · Accepted Answer

A disappearing deductible is a type of deductible that decreases in amount as the size of the loss increases, eventually disappearing for very large losses. This incentivizes the insured to prevent small losses while still providing coverage for significant losses.

Which of the Following Is a Deductible Whose Amount Decreases