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What Is An Insurance Premium Brainly

What Is An Insurance Premium Brainly. Understanding how much money an insurance company charges for the insurance policy coverage. An insurance premium is akin to a monthly bill.

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An insurance premium is the amount of money an individual or business pays for an insurance policy.explanation:brainliest please i need it to level up. Personal finance insider writes about products, strategies, and tips to in order to keep your car, home, apartment, or health insured, you need to pay your monthly premium. The premium is fixed by the insurer. A premium is paid by the insured to cover a certain amount of time in order to cover an insurance premium is the amount that the buyer pays the company monthly or annually which keeps the policy in effect. When choosing any type of insurance always compare the cost of this with other options.

The money paid for an insurance policy | meaning, pronunciation, translations and examples.

Personal finance insider writes about products, strategies, and tips to in order to keep your car, home, apartment, or health insured, you need to pay your monthly premium. An insurance premium is simply the amount of money you must pay to maintain insurance coverage. The premium on your insurance policy is the amount of you pay for the coverage set out in your policy documents. Idv (insured declared value) of the vehicle type and age of the vehicle cubic third party liability (tpl) covers any damage to a person or property by your insured vehicle that results in financial loss or loss of life to the said person. The actuaries are entrusted with the. An agreed amount of money that you pay to an insurance company for insurance, either as one payment….

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