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You are in Learn Insurance > Glossary     A     B     C     E     F     G     H     I     J     K     L     M     N     O     P   Q   R     S   T   U     V     W   X Y Z   If the word you are looking for is not available here; please feel free to contact us.       Date of Maturity     Days of Grace      (Grace Period)     Death Claim     Declaration     Declaration Policy     Deductible   Deductible This also means the same as an 'excess' but usually used when the amount the Insured should bear is fairly substantial, there being no hard and fast rule.

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