MLchartDataset catalogue

Percentage participation

Term · Insurance and risk management · MLC-T-INS-002544

The portion of a loss that an insured individual or entity must bear, expressed as a percentage of the total covered loss. This concept is common in property and health insurance, where the insured pays a specified percentage after the deductible has been met. For instance, a 20% participation means the insured pays 20% of the remaining claim.

Table 1. Record
IdentifierMLC-T-INS-002544
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002544",
  "term": "Percentage participation",
  "field": "Insurance and risk management",
  "definition": "The portion of a loss that an insured individual or entity must bear, expressed as a percentage of the total covered loss. This concept is common in property and health insurance, where the insured pays a specified percentage after the deductible has been met. For instance, a 20% participation means the insured pays 20% of the remaining claim.",
  "url": "https://mlchart.com/terminology/insurance/percentage-participation/"
}

Record 2,573 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.