What does deductible mean?
The amount of money that the insured must pay out of pocket before an insurance company starts paying.
Example: "She had to pay a five-hundred-dollar deductible before her car insurance covered the repair costs."
Why should I choose a plan with a higher deductible?
Choosing a higher deductible usually lowers your monthly premium payments, which is beneficial if you do not expect to file many claims.
What does deductible mean in Urdu?
deductible meaning in Urdu is کٹوتی کی رقم (katoti ki raqam) — Refers to the initial self-paid portion of an insurance claim.
What does deductible mean in Arabic?
deductible meaning in Arabic is مبلغ التحمل — Standard term in insurance policies across Arab countries for self-payment thresholds.
What does deductible mean in Persian?
deductible meaning in Persian is فرانشیز بیمه — Refers to the threshold amount the insured must pay before coverage kicks in.
What does deductible mean in Hindi?
deductible meaning in Hindi is कटौती योग्य राशि — Refers to the initial deductible limit written in Indian insurance policies.
What does deductible mean in Turkish?
deductible meaning in Turkish is muafiyet bedeli — Used in Turkish insurance policies to define the client's own cost share.
What does deductible mean in Bangla?
deductible meaning in Bangla is ডিডাক্টিবল — Commonly used in insurance policy documents in Bangladesh.
What does deductible mean in Nepali?
deductible meaning in Nepali is कट्टा रकम — Denotes the threshold payment made by the policyholder in Nepal.
What is a synonym for deductible?
Common synonyms for deductible include deductible amount, excess and self-insurance limit.
Browse more insurance and investment words in the Rehbaro Dictionary, or return to the full dictionary.
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