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dianebstewart74

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Posts: 11
Reply with quote  #1 
The amount to be charged for a certain amount of insurance coverage is called the premium.
policymantra

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Reply with quote  #2 
The amount to be charged for a certain amount of insurance coverage is called the premium.
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AubreyFY

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Reply with quote  #3 
The amount which people pay to protect there assets and the amount which they pay is known as premium. People make insurance to different insurance companies they gives the different packages to people.

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denson

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Reply with quote  #4 
According to me, insurance premiums are regular amounts of money, you pay to your insurer in order to retain cover under your insurance policy so you can make a claim when you need to.Insurance premiums can generally be paid in installments, for example monthly and yearly.
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Ajitallbey

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Reply with quote  #5 
Insurance means a promise of compensation for any potential future losses. It facilitates financial protection against by reimbursing losses during crisis.
Several insurances provide comprehensive coverage with affordable premiums.

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srsol

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Reply with quote  #6 
Sorry, but insurance does not mean a promise of compensation for any potential future losses.  Not to nit-pick, but always check with your insurance broker as to exclusions on your particular policy that remove certain types of coverage/perils and possible addition of endorsements that may add or enhance limits/coverage.  Insurance is a fine risk transfer product as long as the purchaser understands the contract.  Many times people purchase an insurance policy and only find the limitations of coverage when a claim is placed.  

Didn't mean to tread on anyone's toes here.  Thanks
shwetamishra

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Posts: 36
Reply with quote  #7 
Insurance coverage is that the cheap transfer of the possibility of a discount, from one enterprise to a different in exchange for payment. it's a kind of danger management primarily accustomed shield against the possibility of a broker, unsure reduction.

An insurance supplier, or insurer, may be a company commerce the insurance; the insured, or policy holder, is that the person or enterprise shopping for the coverage. amount|the number|the amount} to be charged for a precise quantity of sum is termed the premium. Risk management, the exercise of evaluating and dominant danger, has evolved as a definite field of study and exercise.

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sadiyakhan

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Reply with quote  #8 
Quote:
Originally Posted by shwetamishra
Insurance coverage is that the cheap transfer of the possibility of a discount, from one enterprise to a different in exchange for payment. it's a kind of danger management primarily accustomed shield against the possibility of a broker, unsure reduction.

An insurance supplier, or insurer, may be a company commerce the insurance; the insured, or policy holder, is that the person or enterprise shopping for the coverage. amount|the number|the amount} to be charged for a precise quantity of sum is termed the premium. Risk management, the exercise of evaluating and dominant danger, has evolved as a definite field of study and exercise.

I like your post and it is really amazing and helpful information for me. Thank for sharing such a useful information. Because in other post i don't getting things i want. Thank again.

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davidrichard

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Posts: 12
Reply with quote  #9 
Insurance is the facility or protection cover for your assets or vehicle or health which provides the best service at the time of your bad situation. Premium is the process of paying money to the insurance company for continue the insurance policy and getting benefits.
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