CTHIn ForceLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 4 of 2021
20. Excess/Deductible/Attachment Point20. Excess/Deductible/Attachment Point
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20. Excess/Deductible/Attachment Point
How much of any claim that an insured must bear before the insurer becomes liable (in whole dollars) converted to A$ using end of processing month rates of exchange. Where different levels exist for different causes of claim, enter the excess that is most commonly applied for such policies, or where that is not available, the minimum applied.