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27 May, 09:38

How can an insurance company make a profit by taking in premiums and making payouts? The value of the premiums the company takes in is higher than the value of the payouts it makes. The value of the premiums the company takes in is equal to the value of the payouts it

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  1. 27 May, 12:16
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    They trick you saying that they have low premiums but then they hit you later on in the year with high interest rates and high payment fees for the premiums.
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