How often a premium is paid?
What are common intervals for insurance payments? Payments are most commonly made annually, semi-annually, quarterly, or monthly. This is the mode of premium.
What is premium paying period?
Premium Payment Period means the period of time for which the Policyholder chooses to pay Premium. The Policyholder may choose a Premium Payment Period of a month, six months or one year.
What is a premium quarterly?
Quarterly Premium means a payment that enrollees must pay every three months to receive coverage under CHIP.
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