franchise

(belastingvrij bedrag) tax exempt amount, tax-free allowance
(organisatievorm) franchise
(premievrije voet) offset
(deel van het salaris waarover geen pensioen wordt opgebouwd) deductible, portion of the salary over which no pension entitlement is built up
(insurance) excess (UK), deductible^[1] (US)^[2]

↑ In an insurance policy, the deductible (in British English, the excess) is the amount paid out of pocket by the policy holder before an insurance provider will pay any expenses. In general usage, the term deductible may be used to describe one of several types of clauses that are used by insurance companies as a threshold for policy payments. Deductibles are typically used to deter the large number of claims that a consumer can be reasonably expected to bear the cost of. By restricting its coverage to events that are significant enough to incur large costs, the insurance firm expects to pay out slightly smaller amounts much less frequently, incurring much higher savings.^{[citation needed]} As a result, insurance premiums are typically cheaper when they involve higher deductibles. For example, health insurance companies offer plans with high premiums and low deductibles, or plans with low premiums and high deductibles. One plan may have a premium of $1,087 a month with a $6,000 deductible, while a competitive plan may have a premium of $877 a month with a $12,700 deductible. The consumer with the $6,000 deductible will have to pay $6,000 in health care costs before the insurance plan pays anything. The consumer with the $12,700 deductible will have to pay $12,700. (https://en.wikipedia.org/wiki/Deductible)
↑ ‘franchise’ also called ‘eigen risico’ in Dutch; see: https://nl.wikipedia.org/wiki/Eigen_risico ⇄ https://en.wikipedia.org/wiki/Deductible