Examlex
Which of the following organizations would be most likely to have members of its sales force acting as technical salespeople?
Regular Premium
Payments made on a consistent basis, typically monthly or annually, to maintain an insurance policy or investment product.
Short-rate Refund
A method of calculating the refund amount a policyholder receives if they cancel their insurance policy before it expires, which may include a penalty.
Premium Rate
The rate charged for an insurance policy, reflecting the cost of coverage.
Annual Premium
The annual premium is the total amount paid for an insurance policy in a year, covering the policyholder for a specified term.
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