contestada

The deductible on an insurance policy refers to:
A.
the number of different types of insurance a policy can provide.
B.
the monthly fee a person pays after using insurance for the first time.
C.
the total value of an insurance policy minus its cost to the consumer.
D.
the money a person pays before his or her insurance covers expenses.

Respuesta :

Answer:

D

Explanation:

I guessed and got it right. Its D

The deductible on an insurance policy refers to the money a person pays before his or her insurance covers expenses.

What are insurance policies?

The insurance policy is a contract between the insurer and the policyholder (usually a standard form contract) that specifies the claims that the insurer is legally obligated to pay.

Insurance policies are the payments which is given in installments by the policyholder and at the time of maturity, he gets back the money. There are death claims and health insurance too.

Thus, the correct option is D. the money a person pays before his or her insurance covers expenses.

Learn more about insurance policies

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