A word "deductible"

[Mark]

Hi, all

I want to introduce a special but useful word in an insurance
policy, deductible. The following is the defination in wikipedia.

In an insurance policy, the deductible (North American term) or excess
(UK term) is the portion of any claim that is "not" covered by the
insurance provider. It is normally quoted as a fixed quantity and is a
part of most policies covering losses to the policy holder. The
deductible must be paid by the insured, before the benefits of the
policy can apply.

If you do not understand what is above defination talking about, I
show you the word's defination in Chinese.

"deductible"--自負額:指每一意外事件發生時,被保人應先承擔之損失金額(自負額),若損失大於自負額,即由保險公司承擔超越自負額的損
失( 損失金額-自負額 )