Location Deductible Types

 

The following table lists each deductible type that is applicable to locations, describes each of these deductible types, and identifies the financial term category to which each deductible type belongs:

Deductible Type Code

Deductible Type Description

Term Type

AA

Florida Annual Amount

Total

FR

Franchise Deductible

Total

ML

Maximum of Deductible Amount or Percent Loss

Total

MP

Mini Policy Deductible

Total

PL

Percent of Loss

Total

S

Site Deductible

Total

CB

Combined - Excluding Time

ABC-D

CT

Combined - Including Time

ABC-D

C

Deductible by Coverage

ABCD

N

No Deductible

N/A

 

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Touchstone V3.0 Updated December 01, 2016