What is a deductible?

If you make a claim, you may be required to pay a deductible (also known as an excess). A deductible is usually an agreed amount or percentage that is subtracted from every covered claim event. For specific details about your RentalCover Protection and your deductible amount, please check your RentalCover Protection documents. 

Deductibles are usually part of most insurance products and help keep prices lower by having the RentalCover Protection holder absorb or contribute to part of the loss.

If applicable, your excess or deductible will be shown on your certificate.