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.
Coinsurance is a portion of the medical cost you pay after your deductible has been met, and your health plan kicks in. Coinsurance is a way of saying that you and your insurance carrier each pay a share of eligible costs to add up to 100%. Hereâs an example of how coinsurance works once youâve met your deductible.