Deductible Fields for Layers

The following table lists the Touchstone deductible-related fields for layers and identifies the effect that each layer deductible type has on these fields:

Deductible-Related Fields for Layers

Layer Deductible Type Effects

AP - Attachment Point

B - Blanket Deductible

FR - Franchise Deductible

MA - Maximum Deductible Amount

MI - Minimum Deductible Amount

MM - Minimum and Maximum

PL - Percent of Loss

N - No Deductible

Deductible 1

Field represents a monetary value, expressed as a value greater than or equal to 1.

Field represents a monetary value, expressed as a value greater than or equal to 1.

Field represents a monetary value, expressed as a value greater than or equal to 1.

Field is not required.

Field represents a monetary value, expressed as a value greater than or equal to 1.

Field represents a monetary value, expressed as a value greater than or equal to 1. This value must be less than Deductible 2.

Field represents a percentage, expressed as a value less than or equal to 1.

Field is not required.

Deductible 2

Field is not required.

Field is not required.

Field is not required.

Field represents a monetary value, expressed as a value greater than or equal to 1.

Field is not required.

Field represents a monetary value, expressed as a value greater than 1. This value must be greater than Deductible 1.

Field is not required.

Field is not required.

 


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Touchstone 4.0 Updated August 28, 2018