Retention Deductible
Barron's Insurance Dictionary:
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Retention Deductible
In umbrella liability insurance clause that stipulates that in the event of a loss where there are no underlying policies providing coverage, the deductible will apply.
| Retaliation Laws, Retainer Clause, Retained Life Estate | |
| Retention and Limits Clause, Retired Lives Reserve, Retirement Age |
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Barron's Insurance Dictionary
Dictionary of Insurance Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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