waived deductible (FS-CM)

Example: Claims Management (FS-CM)

Amount that a policyholder is obliged to pay under the terms of the policy in the event of a loss/claim, but which the insurance company decides to waive.

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Source: https://help.sap.com/doc/saphelp_glossary/latest/en-US/1e/fe887b325ed4119b540060b0671acc/content.htm