Plain-English meaning

The amount or structure used to determine what you pay before reimbursement begins under the policy.

Why the exact wording matters

The word alone is incomplete: the deductible may be annual, per condition, or otherwise structured. Confirm when it resets and which eligible expenses count toward it.

Where to verify it

  • Definitions section
  • Coverage or insuring agreement
  • Exclusions
  • Benefit or limit schedule
  • Claims section
  • State endorsement when applicable

Write this down when comparing policies

FieldPolicy APolicy B
Deductible
Where defined
What changes a claim
Question for the carrier