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UNDERSTANDING WAIVERS OF DEDUCTIBLE IN HOME INSURANCE

UNDERSTANDING THE WAIVER OF DEDUCTIBLE CLAUSE
Its likely that you have already determined your deductible on your home and auto insurance policies. But what do you know about the waiver of deductible clause? The waiver of deductible is a clause in your insurance policy that lists situations where you will not have to pay the deductible in the event of a claim. The large losswaive of deductible is based on the dollar value of the claim. If the claim exceeds a certain value, the deductible could be waived based on your policy wording and conditions.

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EmergIn Risk

EmergIn Risk is a London-based Managing General Underwriter (MGU) that works through agents and brokers to provide collaborative insurance solutions for the emerging risks our insureds face in today’s highly connected, technological and digitized environment. We innovate with our insureds business enterprise risk at its core, creating distinctive solutions tailored to their unique corporate profile. EmergIn works exclusively through London agents and brokers.

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