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Insurance

usgb/ɪnˈʃʊrəns/Volume
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Regular Payments

Understanding insurance involves recognizing the need for regular premium payments to maintain the coverage.

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He set up automatic monthly payments for his health insurance.
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Protection Value

Insurance is valued for mitigating financial loss when unplanned events, like accidents, occur.

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Her travel insurance covered the lost luggage costs.
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Policy Conditions

Insurance agreements have terms and conditions dictating when payouts happen; awareness of these is crucial.

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Read your car insurance policy to understand what's covered.
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Compare with

AssuranceCoverageGuaranteeIndemnificationProtectionReassuranceSafeguardSecurityWarranty
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