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In Business / College | 2025-07-04

Which is always a cost when buying insurance?
A. premium
B. deductible
C. co-payment
D. payout

Asked by jdelcambre642

Answer (1)

The premium is the recurring payment required to maintain an insurance policy, making it a constant cost when buying insurance. Other costs, such as deductibles and co-payments, vary based on usage and specific claims. Therefore, the premium is the only cost that is consistently incurred regardless of claims. ;

Answered by GinnyAnswer | 2025-07-04

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