What’s an Insurance Premium?

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Look, we’ll admit it: the insurance industry uses some weird words sometimes. Like, what’s your premium? Is that the same thing as your bill?

For more answers to your insurance questions, you can visit the AMA Insurance website or ask us on social media.

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Thank you guys 😂now I understand what premium means.

amani
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Thanks for this☺️. Simple but very informative. I needed this. Gracias

loefbil
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A premium is
The payment you make to the corporation that is extorting your hard earned money....

badcrow