Deductible/Processing Fee Per Replacement Clause Samples

Deductible/Processing Fee Per Replacement. The Subscriber shall pay a non-refundable deductible on a per occurrence basis prior to receiving any replacement equipment for the Covered Product (the “Deductible”). Your Deductible is based on the new non-discounted, non-subsidized retail price of the make and model of the Covered Product at the time You purchased the Covered Product. Refer to the following table for Your Deductible. New Retail Price Deductible