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An individual medical expense insurance policy v includes a 30-day grace period. The premium of...

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An individual medical expense insurance policy v includes a 30-day grace period. The premium of the policy is due on the 1st of January of every year. Briefly (in 1 sentence) explain what happens in the following cases: ho a- Premium is paid on the 5th of January. b- Premium is not paid by the 1st of February D 12:41 PM

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