TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

franchise simple [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1999-01-28

English

Subject field(s)
  • Fire, Accidents, Miscellaneous Risks (Insur.)
DEF

A minimum percentage or amount of loss which the insured must incur to be indemnified under an insurance contract. If the minimum is reached, the entire loss is covered.

Key term(s)
  • franchise clause

French

Domaine(s)
  • Incendies, accidents et risques divers (Assur.)
DEF

Dommage que l'assuré conserve à sa charge lorsque le dommage est égal ou inférieur à la somme fixe ou à la fraction constante prévue par le contrat. Quand le dommage est supérieur à cette somme ou à cette fraction, il est intégralement réparé par l'assureur, l'assuré ne conservant à sa charge aucune part de ce dommage.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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