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7 June, 07:02

What is a deductible? How does deductible affect insurance

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  1. 7 June, 07:36
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    In an insurance policy, the deductible is the amount paid out of pocket by the policy holder before an insurance provider will pay any expenses.

    The lower a plan's deductible, the higher the premium. You'll pay more each month, but your plan will start sharing the costs sooner because you'll reach your deductible faster.
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