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Insurance

Renewal Premiums

In the realm of finance, we often come across the term 'premiums'. These are payments that are made towards an insurance policy, and they can be of different types. One type is known as 'continuous premiums'. These are payments that are made after the initial premium and are necessary for the policy to remain active. In other words, they are a condition for the continuation of the policy. Let's dive into this concept further.

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