Back-to-back deductible

{
  "id": "MLC-T-INS-000515",
  "term": "Back-to-back deductible",
  "field": "Insurance and risk management",
  "definition": "A deductible structure where two or more separate insurance policies covering the same risk each apply their own deductible sequentially to a single loss event. This arrangement can result in the insured paying multiple deductibles before full coverage from all policies begins. It is often encountered in complex commercial insurance programs involving layered coverage.",
  "url": "https://mlchart.com/terminology/insurance/back-to-back-deductible/"
}