Insurer

 

Meaning of the word: Insurer

Insurer is party to an insurance arrangement who undertakes to indemnify for losses. The insurer provides insurance. The policyholder must pay regular premiums to the insurer. The insurers are usually just large companies that are called insurance companies.

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Interest rate

The interest rate is a percentage increase of the debt for a period. The interest rate is usually fixed for one year. Interest is a reward for the…

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