Florida Health Insurance Terms:
What is my "Extra Premium?": This is a method for rating substandard risks used when the extra risk is considered to be constant. The underwriter assesses a specific extra premium for each $1,000 of insurance.
Flat Extra Premium -- An amount of money charged in addition to the basic policy premium that reflects an increased risk due to hazardous activities or temporary conditions of health or behavior.
More On Extra Premiums: Google Search
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