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Which term is defined as the payment an insured makes to the insurance company on a regular schedule?

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What is a insurance schedule?

Often, the term is used to refer to a listing of specific property insured under a policy. For example, a homeowners policy provides very broad coverage for both property and

What is payment for insurance?

  Payment of insurance is nothing but the premium paid towards the insurance policy. The premium amount includes the charge of coverage per unit (for example, the charge o

Can a life insurance company refuse payment to the beneficiaries?

A life insurance policiy is a contract. If the terms of the contract are upheld, the company must pay the claim. CORRECT ANSWER: The answer above is correct in the first sente

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How do insurance companies define sports cars?

Insurance Definition of Sports Car They usually go by horsepower, stock and aftermarket modifications (i.e. turbo or superchargers), etc. They will usually know if you have a

What is term lending by insurance companies?

insurance companies are important sources of term loans. The premiums generated constitute advances to the insurance companies for periods varying from six months to five more

What is the difference between regular and short term health insurance?

The difference between regular and short term health insurance is mainly the price. The price for short term health insurance is lower than regular health insurance while have