A deductible that applies for the entire year.
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In insurance, the maximum amount that a policyholder must pay for a claim before the insurance company will make any payments at all. That is, if one or more ...
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Definition of aggregate annual deductible: A deductible that applies for the entire year.
- Aggregate Annual Deductible: Definition from Answers.com
Aggregate Annual Deductible Deductible that applies for the year. For example, a business pays for the first $40000 of losses incurred during the year.
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- Group Health Certificate of Coverage - City of Seattle
Jan 1, 2012 ... annual Deductible amount for each Family Unit. Once the aggregate annual Deductible amount is reached for a Family Unit in a calendar year, ...
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... effectively manage their business and credit management processes; Aggregate annual deductible, per loss deductibles, non-qualifying loss and/or enhanced ...