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Published : Tue, Jul 9 2019 :12 AM.
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To buy an insurance, first, you should know the premium. The premium of insurance is the amount of money, May called as installment or investment of insurance, that the policyholder or client will pay to its insurer. It may be weekly, monthly or even yearly as written in the contract of insurance. This is the income of the insurance agency. The premium for insurance usually lesser than claimed money. To claim an insurance, the policyholder must pay the premium.
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