biba.org.uk

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Definitions (86)

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PREMIUM


The consideration paid for a contract of insurance.PRE – EXISTING MEDICAL CONDITIONS You should tell your broker or insurer about any illness you are currently suffering from, or have already had, eve [..]
Source: biba.org.uk

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UNDERWRITER


A person who accepts business on behalf of an insurer. (See also Lloyd’s underwriter).
Source: biba.org.uk


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