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Glossary   >   I   >   "Insurance premium" Definition            Insurance premium The amount payable by the insured in return for indemnification against specified risks. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Insurance premium - The amount payable by the insured in return for indemnification against specified risks.