Meaning Cost of Insurance
What does Cost of Insurance mean? Here you find 2 meanings of the word Cost of Insurance. You can also add a definition of Cost of Insurance yourself
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Cost of InsuranceThe amount an individual must pay for his or her life insurance policy, also known as a premium. The monthly charge for a life insurance policy fluctuates depending on the insured person’s health, age [..]
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Cost of InsuranceA monthly charge per $1,000 of coverage based on the amount at risk, duration of coverage, and the insured’s age and risk class.
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