Most often, an insurance deductible must be fulfilled a. when sharing the cost of a payout b. before insurance payouts begin c. when signing up for an insurance plan d. after a company has paid a claim

B. Before insurance payouts begin

Explanation

An insurance deductible is the amount of money the insured needs to pay in order to obtain the amount of coverage the insurance company is responsible for in the case of a covered claim, and it is usually paid before the insurance payouts begin. An insurance deductible is different than the premium, which is the amount of money the insured pays in a determined period of time to obtain the protection of the product contracted.

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