Sublimit occurrence deductible types
NGM financial engine policy terms: sublimit occurrence deductible types.
Important: This topic was previously titled "Sublimit deductible
types".
For more information about the types of financial terms, refer to Term types.Code | Description | Term type |
---|---|---|
FR | Franchise deductible | Total |
B | Blanket deductible | Total |
PL | Percent of loss | Total |
MA | Maximum deductible amount | Total |
MI | Minimum deductible amount | Total |
MM | Minimum and maximum | Total |
CB | Combined excluding time | ABC-D |
CT | Combined including time | ABC-D |
C | Deductible by coverage | ABCD |
N | No deductible | N/A |