Which of the Following Is a Deductible Whose Amount Decreases

question 40

Multiple Choice

Which of the following is a deductible whose amount decreases as the amount of the loss increases?

• A)Demutualized deductible
• B)Waived deductible
• C)Disappearing deductible
• D)Straight deductible
• E)Franchise deductible

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Definitions:

Lanugo

A fine, down-like hair that covers the fetus’s body.

Fetus's Body

The physical form of a developing human from roughly eight weeks after conception until birth.

Last 3 Months

Referring to the most recent quarter of a year, typically in the context of time-sensitive assessments or reports.

Last 3 Months

A term typically used to describe the most recent quarter of a year, often referencing the period immediately preceding the current date in various contexts such as financial reporting, medical histories, or event planning.