Examlex

Solved

Which of the Following Statements Is False

question 40

Multiple Choice

Which of the following statements is false?


Definitions:

Insurance Premiums

Payments made to an insurance company in exchange for coverage, typically paid on a regular basis such as monthly or annually.

Regular Premium

The amount that is paid on a regular schedule for an insurance policy, to maintain coverage.

Low-risk Driver

A driver who is considered less likely to file an insurance claim and therefore may qualify for lower insurance premiums.

Insurance Premiums

The amounts paid by individuals or businesses for insurance policies to provide coverage against various risks.

Related Questions