Is a deductible considered self-insurance?
Is a deductible considered self-insurance?
You would have $10 million of coverage excess of $1 million SIR. Under a deductible, the annual aggregate limit is usually eroded by the amount of the deductible. … Limits Erosion. Deductible SIR Insurer Responsibilities in the Event of a Loss Yes No Collateral Requirements Yes No Defense Included in Limit Yes (usually) No 2 more rows