Location Deductible Types
Financial location deductibles supported by Touchstone.
The following table lists each deductible type that applies to locations, 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 |
|---|---|---|
|
AA |
Florida Annual Amount |
|
|
FR |
Franchise Deductible |
|
|
ML |
Maximum of Deductible Amount or Percent Loss |
|
|
MP |
Mini Policy Deductible |
|
|
PL |
Percent of Loss |
|
|
S |
Site Deductible |
|
|
CB |
Combined - Excluding Time |
|
|
CT |
Combined - Including Time |
|
|
C |
Deductible by Coverage |
|
|
N |
No Deductible |
N/A |