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Actual payments by an insurance company for losses that happen are called: A. benefits. B. coverage. C. premiums. D. insurable...Asked by kimiy
Actual payments by an insurance company for losses that happen are called:
A. benefits.
B. coverage.
C. premiums.
D. insurable interest
i got B.
A. benefits.
B. coverage.
C. premiums.
D. insurable interest
i got B.
Answers
Answered by
DrBob222
I believe coverage is the amount and kind of losses for which the insurance company is liable. I think benefits are those received by the insured when losses occur.
Answered by
kimiy
the answer is C ?
Answered by
kimiy
The answer is A.
Answered by
DrBob222
You should have picked A from my response. The premium, C, is what we pay the insurance company, usually each month, to buy the policy.
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