In an insurance policy, the deductible is the amount of expenses that must be paid out of pocket before an insurer will pay to describe one of several types of clauses (see below) that are used by insurance companies as a threshold for policy payments.
The deductible is the amount of expenses. This is in an insurance policy. These expenses must be paid out of pocket. An insurer will pay to describe one of several types of clauses (see below). These clauses (see below) are used by insurance companies as a threshold for policy payments.