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If a client chooses to pay premiums other than annually, what can he or she expect?
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If a client chooses to pay premiums other than annually, what can he or she expect?

User Cary
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1 Answer

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Answer:

More payment

Step-by-step explanation:

In line with the time-value of money you pay more when you pay your premiums monthly because you pay an interest on the annual amount. There is always an interest charged for the administrative costs of processing your 12 monthly payments as opposed to 1 annual payment of the insurance premium

User Paul Vernon
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