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Wayne of Northern Insurance Group is finalizing a policy for Hammond Industries and requesting payment for what he refers to as a provisional premium. Using
Wayne of Northern Insurance Group is finalizing a policy for Hammond Industries and requesting payment for what he refers to as a provisional premium. Using this terminology helps Wayne Available answer options Select only one option A Remind Hammond that an initial payment is not the final payment. B Differentiate this premium from the very different advance or estimated premium. C Confirm that this provisional premium is the same as the earned premium amount. D Stay consistent with the common verbiage used in all policies
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