July 23, 2021
When will I get my insurance deductible?
The deductible for an insurance policy can be higher than the deductible for a policy that has not been sold.
The following are examples of the deductible ranges for different types of policies.
In the example below, the premium for a $100,000 policy would be $7,500.
A $50,000 health policy with an annual deductible of $15,000 would be deductible at $8,000.
To avoid having to pay a higher premium, you should check with your health insurer.
For an example of what this could mean, check out our infographic: Insurance Deductible Ranges by Policy Type.