Youtor
Deductible vs Self Insured Retention SIR Whats The Difference
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=KEzGeHBu1uk
https://robfreeman.com - Most people have heard of a deductible in insurance, but may not have heard of a self-insured retention… A self-insured retention is similar to a deductible in that both are designed to align the interests of the insured with the insurer, to minimize claims by getting the insured to have some skin in the game in the event of a claim. However, the two are different in a few ways. • The following are five differences between a self-insured retention and a deductible. • Reimbursement vs. out of pocket expenses • Erosion of limits • Defense costs • Collateral requirements • COI requirements
#############################
