What are the key elements of an insurance policy?

Related FAQs

Is the insurance industry subject to taxation?
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How do insurance companies set their premiums?
Who is responsible for setting insurance rates?
What are the benefits and drawbacks of having an insurance policy?
What is the difference between the premium and the deductible?
What do insurance regulators do?
Is there a maximum amount of premium that can be charged by an insurance company?

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