Deductible fields for layers

Deductible-related fields for layers and the effect that each layer deductible type has on these fields.

See Layer Deductible Type for information about layer deductible types.

Deductible-Related Fields for Layers

Effects of Layer Deductible Type

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.