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6 March, 21:55

Jan pays $70 each month for her auto insurance policy. This regular payment is called a

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  1. 7 March, 01:50
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    This type of regular payment is called a : premium

    Premium refer to the payment that a person make upfront in order to receive a service. According to the company's policy, Jan's insurance could be instantly deactivated as soon as she stopped paying the premium
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