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To Calculate Prepaid Insurance first you need to know the individual or business expenses and to that, the insurance premium is calculated to the savings & coverages...Read More
Insurance Premium is calculated online these days with the help of computers and other digital equipment. In the starting days of insurance, the premium calculation was done manually and was given in writing. Some are the factors include for calculating insurance premiums are Make and Model, IDV (Insured Declared Value), Cubic capacity, NCB (No Claim Bonus), Loss Ratio, etc. by digital you will get the premiums manually.
OD (Own damage) Insurance in car insurance policy is considered to safeguard your car against unexpected own damages.
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Annuity insurance is a contract between the insurance company and the insured customer in which the insurance company will pay the payouts after a certain period of time such as after retirement. Annuity insurance can be immediate or deferred depending on the requirement of the customers. Annuity insurance is also known as the Retirement insurance which provides certain amount at certain intervals of time to the insured customers.
Mortgage insurance is a type of insurance policy that protects a mortgage lender or titleholder if the render defaults on bill payments, passes away, or else is unable to meet the contractual responsibilities of the mortgage.
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