1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
wlad13 [49]
3 years ago
8

Jan pays $70 each month for her auto insurance policy. This regular payment is called a:

Advanced Placement (AP)
2 answers:
Artemon [7]3 years ago
5 0
The payment is called premium. 

Premium payment refers to the specific amount of payment required periodically (monthly or yearly) by the insurer to provide coverage under a given insurance plans such as life insurance, auto insurance, and house insurance for a defined period of time. In Jan's case, he is required to pay monthly to cover the insurance for his car.
Afina-wow [57]3 years ago
4 0

The regular payment that Jan pays each month for her auto insurance policy is called <u>a premium</u>

If Jan wants to keep her car, she must pay her monthly premium. The insurance premium is the cost of Jan insurance.

<h2>Further Explanation</h2>

Premium payment is the amount of money that must be paid by an individual or business for an insurance policy.

Some of the insurance policies that premiums are paid for include

  • Home
  • Life
  • Auto
  • healthcare

The amount of money paid by the business or individual for an insurance policy becomes income for the insurance company once it is earned.

Your insurer will charge you a premium if you register for any insurance policy. It is the amount you must pay for the full cost of your insurance.

However, a person that owns insurance also known as the policyholder has many options to choose from as to how the insurance premium will be paid.

Some insurance company accepts policyholders to pay the cost of their insurance on installment (monthly or semi-annually) while some insurance company may choose to have the insurance premium in advance.

However, the cost of premium depends on many factors and these factors include

  • Your age
  • Your location
  • Type of coverage
  • Past insurance claim

LEARN MORE:

  • What is the annual insurance premium ​ brainly.com/question/12122615
  • An insured forgets to pay his insurance premium brainly.com/question/4538169

KEYWORDS:

  • insurance policy
  • age
  • location
  • premium
  • jan
You might be interested in
Which statement best explains what happened during the collision ?
GaryK [48]
I believe your answer is going to be (C)
7 0
3 years ago
In a preindustrial society much of the economy is involved in providing information and services. true or false
zloy xaker [14]

The statement is - False.

In the pre-industrial societies, the economy was far from being based on providing information and services. The economy was largely based on two things, agriculture and trade.

The agriculture was the basis and the dominant sector in the pre-industrial economy. The more agricultural products a nation had, the more it had to trade, thus becoming wealthy. This can easily be seen in the colonies that the European countries had in the pre-industrial period, where every inch of the land that was suitable for agriculture was used, and latter those products were shipped and traded in order to become wealthier.

7 0
2 years ago
The comprise of 1850 outlawed the slave trade in_
Salsk061 [2.6K]

Answer:

the answer is D hope this helped

6 0
2 years ago
Read 2 more answers
Why might someone feel tired after sleeping a long time
Rom4ik [11]

Answer:

you may feel tired all the time if you have chronic fatigue syndrome. This condition causes extreme fatigue that doesn’t improve with sleep. Its cause is unknown. There’s no test to confirm chronic fatigue

Explanation:

8 0
3 years ago
Read 2 more answers
Explain the formula for representation in the small and large republics...
Salsk061 [2.6K]
Faction
group of people with the same interest

what is bad about a faction?
will try to get what they want even if it hurts others

"enlightened statesmen will not always be at the helm"
leads people to believe that they are not always controlled by the elites


what form of government does Madison want to create?
republic

what does a republic protect us from?
factions

why is the majority not always right?
the majority can be a faction

pure democracy
all power to the people to decide for everyone

two examples of a faction
democrat and republican
3 0
3 years ago
Read 2 more answers
Other questions:
  • How is P.E. calculated? mass × velocitymass × distanceweight × heightmass × height
    5·1 answer
  • Which of the following is an example of a closed-ended question? What is your opinion on the government use of taxpayer money to
    7·1 answer
  • What factors limited the possibilities for success?
    11·1 answer
  • Read the excerpt and answer the question.
    10·1 answer
  • Which statements correctly identify a water molecule structure? Water molecules are positively charged. Water molecules have pol
    8·1 answer
  • How is a composite volcano formed?
    7·2 answers
  • On a clear night the International Space Station has an angular size of about 49 arcseconds. How big is this in radians?
    13·1 answer
  • Maria on the moon are not seas as once thought, but fields of ............... from volcanoes that are no longer active.
    15·1 answer
  • I really need help!
    15·1 answer
  • Entonces entonces entonces entonces entonces entonces entonces entonces, Entonces entonces entonces entonces entonces entonces e
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!