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.
Explanation:
In Stage 5 of the DTM a country experiences loss to the overall population as the death rate becomes higher than the birth rate. The negative population growth rate is not an immediate effect however.
