41+ An Insurance Premium Is Everfi Pics. It also represents a liability, as the insurer must provide coverage for claims being made against the policy. Insurance that will pay for damage to your car in the event of an accident.
Family Economics And Financial Education Worksheet Answers ... from i.guim.co.uk When insurance premiums are not paid, the policy is typically considered void and companies will not honor claims against it. Insurance that will pay for damage to your car in the event of an accident. Your basement floods, causing you to lose a valuable collection.
Premium payments may be due all at once or divided and paid on a regular basis, usually monthly.
It also represents a liability, as the insurer must provide coverage for claims being made against the policy. What is an insurance premium? Therefore, when you hear insurance premium, think. It also represents a liability, as the insurer must provide coverage for claims being made against the policy.
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