Layer Deductible Types

The following table lists each deductible type that applies to layers, 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
AP	Attachment Point	Total
B	Blanket Deductible	Total
FR	Franchise Deductible	Total
MA	Maximum Deductible Amount	Total
MI	Minimum Deductible Amount	Total
MM	Minimum and Maximum	Total
PL	Percent of Loss	Total
N	No Deductible	N/A

Touchstone 6.0 Updated September 03, 2020