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Web18. mar 2024. · An insurance premium is the amount of money that you pay for an insurance policy. You pay insurance premiums for policies that cover your health, car, home, life, and others. Insurance premiums ... Web30. apr 2024. · The death benefit is the amount of money that is paid out when a valid life insurance claim is filed. The death benefit is paid to the stated beneficiaries of the contract, which are determined by the owner before the insured person is deceased. The death benefit is used to provide income for those that rely on the insured person as a provider. roar after catching koraidon
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