Wiki User
∙ 14y agopremium...
Wiki User
∙ 14y agoA marketing term that is defined by the seller.
Term insurance is an insurance you get for a specific amount of time. It is only for a certain amount of time. For instance, term insurance can be an insurance coverage for 6 months, 2 years, or 5 weeks.
The term is "deductible". It is payable as to collision and comprehensive claims. The deductible is chosen by the insured when the insurance is initially purchased.
Pekin insurance carries homeowners policies and also automobile policies for its clients. They also carry life and term insurance and have excellent rates.
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Work capacity.
premium
The amount that is paid for any kind of insurance is called "premiums". The same term applies whether an employee or employer pay for the insurance.
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net pay
The premium is the dollar amount paid in exchange for insurance coverage.
The price for term life insurance can vary based on age, gender, health, and amount of coverage you get.