________ Is a Term Used to Define the Payment Made

question 4

Multiple Choice

________ is a term used to define the payment made by an insured party in exchange for a later payment by an insurer in the event of damage or injury to insured property or person.

• A)Assessment
• B)Bill
• C)Requirement
• D)Premium
• E)Tag

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Definitions:

Business Customers

Entities, such as companies or professionals, that purchase goods or services for commercial purposes, not for personal consumption.

Managing Through People

Achieving objectives by working effectively with and through the people in an organization.

New Public Service

A modern approach to public administration that emphasizes serving citizens and addressing their needs and preferences.

Commanding People

The act of directing or controlling individuals or groups with authority, often without discussion or input from those being commanded.