What is a "franchise"? - IntrebBT | Transilvania Bank

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What is a "franchise"?

The deductible is the amount you will bear out of your own pocket 💰 in case of damage occurring. 😮

The advantage of insurance with deductible is that they reduce the insurance premium value, meaning you will pay less at the moment you enter into it insurance. 😉

Last update

2026-06-12

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Insurance premium Franchise Franchise Damage