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In Business / College | 2025-07-08

Which two terms are associated directly with the Premium?
A. heewee or Convertible
B. level or Flexible
C. fixed or variable
D. term or Permanent

Asked by nickeyvaden1

Answer (2)

The terms directly associated with Premium in insurance are Term and Permanent. Term insurance is for a specific period, while Permanent insurance provides lifelong coverage including a cash value. Understanding these concepts is vital for evaluating insurance policies. ;

Answered by GinnyAnswer | 2025-07-08

The terms directly associated with Premium in insurance are 'Term' and 'Permanent'. Term insurance covers a specific period, while Permanent insurance provides lifelong coverage with a cash value. These distinctions help individuals understand their insurance options better.
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Answered by Anonymous | 2025-07-18

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