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How can transitions be incorporated into a document?
Premiums Payable
Liabilities on an insurance company's balance sheet, representing amounts due to policyholders.
Coinsurance Clause
a provision in insurance policies that requires the policyholder to bear a portion of the costs of covered services, typically a percentage of the total amount.
Premium Rate
The rate charged for an insurance policy, typically a periodic payment based on the level of coverage and risk factors.
Coinsurance Clause
A provision in an insurance policy that requires the insured to bear a portion of the costs of a claim, typically after the deductible has been met.
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