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Basic Insurance terms

Capital is often comprised of insurance premiums and shares, and the company’s investments and different assets. An asset in insurance coverage phrases is one thing with financial worth that is lined by an insurance coverage, corresponding to a car or a property. Under that coverage, the insurer should compensate the policyholder (in accordance with the policy’s terms and conditions) if the asset is damaged or destroyed and the policyholder makes a declare.

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Last-modified: 2022-06-23 (木) 20:27:38 (55d)