Answered

A specific amount of money that must be paid yearly before the policy benefits begin is called a:

A. beneficiary.
B. deductible.
C. time limit.
D. premium.



Answer :

GinnyAnswer

Final answer:

A premium is the specific amount of money paid yearly before policy benefits begin.


Explanation:

A specific amount of money that must be paid yearly, before the policy benefits begin, is called a premium. This payment is essential for purchasing health coverage and is distinct from other expenses like deductibles and co-payments.


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