Examlex
Specific phobias affect about 1 in ________ people at some point in their lives.
Insurance
A contract whereby one party pays premiums to another party who undertakes to pay compensation for losses resulting from risks or perils specified in the contract.
Insured
A person or entity covered under an insurance policy, receiving protection against specified losses or damages in exchange for payment of a premium.
Fee
A charge or payment for a service, often imposed by a professional or official body.
Property Insurance
Insurance coverage that provides financial reimbursement to the owner or renter of a structure and its contents in case of damage or theft.
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