Disappearing deductible

Term · Insurance and risk management · MLC-T-INS-001177

A policy feature where the deductible amount decreases or is eliminated entirely as the covered loss increases. This mechanism provides greater coverage for larger claims while still requiring the insured to bear a portion of smaller losses. It is commonly found in certain types of property insurance policies, such as homeowners or auto insurance.

Table 1. Record
Identifier	MLC-T-INS-001177
Field	Insurance and risk management

Record as JSON

{
  "id": "MLC-T-INS-001177",
  "term": "Disappearing deductible",
  "field": "Insurance and risk management",
  "definition": "A policy feature where the deductible amount decreases or is eliminated entirely as the covered loss increases. This mechanism provides greater coverage for larger claims while still requiring the insured to bear a portion of smaller losses. It is commonly found in certain types of property insurance policies, such as homeowners or auto insurance.",
  "url": "https://mlchart.com/terminology/insurance/disappearing-deductible/"
}

Record 1,001 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.