One of the most overlooked promotional opportunities for convenience retailersis a well-planned grassroots marketing program. Itâs easy to get excited abouta new trade area in the early stages of your grand opening, but itâs anotherthing to instill this excitement some two years later.
How do home insurance deductibles work? Most home insurance policies have a deductible, meaning the homeowner pays a certain amount before the insurance company pays any part of the claim. So if you have a $500 deductible, you'd pay $500 and the insurer would pay the rest of the claim amount.
Deductible. A deductible is a minimum amount which must be paid out of pocket before the insurance kicks in. So for example, if the deductible on a plan is $100, the individual would have to pay the first $100 out of pocket before the insurance would cut down any additional costs. The second consideration is the co-pay. After the deductible is met, the insurance will cover a portion of the bill, and then the patient is responsible for paying the remainder of that bill. The patientâs portion of the final bill is called the co-pay.