This blog aims to clarify two key concepts: deductibles and premiums, and how they impact your boxing club's insurance policy. In simpler terms, a deductible is the amount you, the policyholder, pay out of pocket before your insurance kicks in. A premium, on the other hand, is the annual or monthly fee you pay to maintain your insurance coverage. By understanding deductibles, premiums, and the factors influencing them, you will be able to choose an insurance policy that offers the right balance of coverage and affordability for your boxing club. Deductibles in Boxing Club Insurance As already discussed, the deductible...
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