Examlex
______________ refers to how a product is conceived, planned, and produced.
Fire Damages
Destruction or damage inflicted to property, goods, or assets due to fire.
Insurance Money
Funds received from an insurance company either as a claim settlement or benefit payment.
Short-rate Penalty
A Short-rate Penalty is a fee charged to policyholders who cancel their insurance policy before it expires, calculating the refund using a method that is less favorable than pro-rata.
Annual Premiums
The amount paid on an annual basis for insurance coverage, which can pertain to various types of insurance policies.
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