What is a deductible?

the amount paid by the policyholder to the insurer on a regular basis for the policy the amount paid by the policyholder to the insurer on a regular basis for the policy the amount paid after the deductible has been satisfied and until the out-of-pocket maximum has been reached the amount paid after the deductible has been satisfied and until the out-of-pocket maximum has been reached the maximum amount a policy will pay out in any one year the maximum amount a policy will pay out in any one year the amount paid by the policyholder before the insurance policy starts paying on the claim

The correct answer is: the amount paid by the policyholder before the insurance policy starts paying on the claim.