The Insurance Premium,. 1.6a The Premium is calculated as a 12 month charge and is the amount determined by the Insurer by reference amongst other things to the number of Vehicles covered and the types of cover purchased by the Policyholder. The Premium is payable by the Policyholder in monthly instalments, and within 10 working days of the date of the invoice.
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Samples: Fleet Vehicle Insurance, Fleet Vehicle Insurance, Fleet Vehicle Insurance