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What is the policy premium?

Updated: 8/16/2019
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16y ago

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consideration paid by u 4 making contract enforceable

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16y ago
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Q: What is the policy premium?
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Related questions

What happens when you want to stop paying premium on your item which you have insured?

If you don't pay the premium the policy will be cancelled.If you don't pay the premium the policy will be cancelled.If you don't pay the premium the policy will be cancelled.If you don't pay the premium the policy will be cancelled.


Calculation of unearned premium?

Unearned Premium = Policy Preimum - (Policy Premium * (No of Days Elapsed / 365))


How do you remove the msn premium renewal notice?

renewal premium for policy 412844474


What is earned premium on an auto policy?

Earned premium is that portion of the policy coverage has been extended. For example, if has been 2 months since you started the policy, 2 months of that policy has been earned.


Is premium cost the value of insurance policy?

No. The premium is your consideration (monetarily) for coverage that the insurer provides. Your value lies within your policy limits as stated on the declarations page of your policy.


What is annual renewable term insurance?

It implies that it is not a single or one-time premium policy and you are pay annualized premium for the renewal of the term policy.


I want my policy no. and other detail?

I want my policy details to deposit policy premium in time.


Can a insurance company charge a change in policy fee every time you add or drop a vehicle?

If you change vehicles on your policy it will create a difference in insurance premium. You will receive a bill or a refund for the difference in the premium. There is no policy fee just the premium change.


What is sum assured in insurance policy?

premium


What is the premium of your policy number 482435603?

Premium information is sensitive and cannot or should not be shared with everyone. If you are the policy holder, then contact the insurance agent who sold you the policy or refer to the policy document. The premium amount will be clearly mentioned in it. Alternately you can call up customer care to ask for it. If you are not the policy holder, then no insurance company will share this information with you.


What is annually renewable term life insurance?

It implies that it is not a single or one-time premium policy and you are pay annualized premium for the renewal of the term policy.


What does the word premium mean?

Premium is an amount to be paid for an insurance policy or something given as an award.