Answer:
B.) Deductible
Explanation:
A deductible is an amount that the insured must pay himself/herself before the insurance company starts paying his/her medical expenses. E.g. if your deductible is $1,000, before your medical expenses are paid by your insurance company, you will have to pay the $1,000 yourself.
The higher the deductible, the lower the insurance premium. This applies to every single type of insurance policy where deductibles might apply.
