Understand payments involved with insurance.
is a monthly payment
is a payment to the policy
is a payment to the doctor
is a fixed payment for
treatment

Respuesta :

Payments involved with insurance is a payment to the policy

Explanation:

Insurance policies work like loans in a sense only different in a way that they anticipate that not all that want to claim the insurance will ever need to cover their full costs according to it.

Insurance companies extract a monthly or an yearly payment from a person and in return bids to cover their medical or other expenses whenever it is required during an year to year basis with certain restrictions and terms and conditions in place.

Answer:

Premiums - monthly payment, payment to the policy

Co-pays - fixed payment, payment to the doctor

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