Insurance premium

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Insurance tariff - a list of insurance rates used by a given insurance company to determine the amount of insurance premiums paid by the insurer and included in the insurance contract.

The basis for establishing an insurance tariff is, among others. the level of insurance risk relating to the type of insurance and the liability of the insurer. The individual insurance rates determine the amount of insurance premium in the form of a percentage (or promila) of the sum insured agreed upon in the contract. Bibliography

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