Layer Deductible Types

The following table lists each deductible type that applies to layers, describes each of the deductible types, and identifies the financial term category (type) to which each deductible type belongs:

Deductible Type Code

Deductible Type Description

Term Type

AP

Attachment Point

Total

B

Blanket Deductible

Total

FR

Franchise Deductible

Total

MA

Maximum Deductible Amount

Total

MI

Minimum Deductible Amount

Total

MM

Minimum and Maximum

Total

PL

Percent of Loss

Total

N

No Deductible

N/A

 


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Touchstone 4.0 Updated June 13, 2018