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What is an insurer premium?

The question is from Insurance

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What is an insurer premium?

What is an insurance premium and how does it work?

What is an insurance premium quizlet?

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Correct answer for this question is: An insurance premium is the amount of money an individual or business pays for an insurance policy. Insurance premiums are paid for policies that cover healthcare, auto, home, and life insurance. Once earned, the premium is income for the insurance company.

The title of my answer can be Insurance Premium Definition

My answer's reference is Investopedia

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