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Household & Business
Question | Answer |
---|---|
Risks | |
Premium | The cost of insurance |
Claim | If a risk is covered by the policy actually happens, the insured will fill out a claim form |
Proposal Form | A proposal form is an application form for insurance |
Loading | Addional payment to your premium because of risks |
No Claims Bonus | May reduce the premium for insurance |
Policy | If the customer accepts and pays the premium quoted |