Pls help ASAP Which one (1) of the following statements accurately describes a deductible clause in an insurance policy?OA) It is waived if the risk is insured to value.OB) It specifies the amount in excess of which an insurer will pay a loss.OC) It disappears when the loss exceeds a specified amount.OD) It usually applies to valued policies. Which one (1) of the following statements accurately describes adeductible clause in an insurance policy?It is waived if the risk is insured to value.It specifies the amount in excess of which an insurer will pay a loss.It disappears when the loss exceeds a specified amount.It usually applies to valued policies.

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