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Briefly describe how process configuration and sustainability can influence environmental performance.
Premiums
Payments made for insurance coverage, often periodically, to keep the insurance policy active and the insured protected against specified risks.
Insurable Interest
The financial interest that a policyholder has in the person or property that is insured.
Life Insurance
An insurance contract that provides monetary compensation for losses suffered by another’s death.
Beneficiary
A third party receiving benefits from a contract made between two other parties. Also, the person named in an insurance policy to receive benefits paid by the insurer in event of a claim.
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