Terms

12 new/unreviewed 12 total

Term

insurance

Definition

a written agreement between an individual and an insurance company. It states that the insurance company will pay compensation to the individual if that person suffers a loss

New/Unreviewed

Term

premium

Definition

the fee paid by the insured to the insurer

New/Unreviewed

Term

insurance policy

Definition

the insurance contract between the insurer and the insured...

New/Unreviewed

Practice Tests

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