Layer occurrence deductible types

NGM financial engine policy terms: layer occurrence deductible types.

For more information about the types of financial terms, refer to Term types.
Code Description Term type
AP Attachment point Total
FR Franchise deductible Total
B Blanket deductible Total
MA Maximum deductible amount Total
MI Minimum deductible amount Total
MM Minimum and maximum Total
PL Percent of loss Total
CB Combined excluding time ABC-D
CT Combined including time ABC-D
C Deductible by coverage ABCD
N No deductible N/A