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The Words or Symbols in Language Used to Illustrate Subjective

question 33

Multiple Choice

The words or symbols in language used to illustrate subjective thoughts or mental images about things we may encounter in daily life are known as:


Definitions:

Deductible

The amount paid out of pocket by the policyholder before an insurance company pays a claim.

Insurance Premiums

The amount paid by an individual or business for insurance coverage, typically charged monthly or annually.

Deducted

The process of subtracting an amount from a total, especially from taxable income or expenses.

Insurance Premiums

Payments made regularly to an insurance company in exchange for coverage.

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