What is excess and deductible?

Answer Insurers provide a deductible in a motor insurance so that from every claim this amount is deducted irrespective of the claim quantum. In some policies this is a compulsory deductible depending on ... Read More »

Top Q&A For: What is excess and deductible

What is the minimum deductible for high deductible health plans?

The minimum deductible for a high deductible health plan is $1,200 for an individual and $2,400 for families in 2010 and is set by the U.S. Department of the Treasury. This is up from $1,150 and $2... Read More »

If you have an accident before the deductible is lowered but the claim is not filed until after which deductible applies?

Answer The deductible at the time of the accident not the time of claim.

What to Do for Excess Itching?

If you've just welcomed a baby into the world, or are anticipating a new bundle of joy soon, chances are you're concerned about your child's development, particularly in the first year, during his ... Read More »

What is an insurance excess?

An 'excess issue' is where the at-fault party's liability limits are not sufficient to cover the damages that they had caused; A good example of an excess issue is a "chain-reaction" type of accide... Read More »