Meaning annual aggregate deductible
What does annual aggregate deductible mean? Below you find one meaning for the word annual aggregate deductible You can also add a definition of annual aggregate deductible yourself
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annual aggregate deductible(1) A deductible-type program under which the insured agrees to reimburse its insurer for its own losses during the policy year up to the agreed upon annual aggregate amount. Once the insured has pa [..]
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