Why there is a need for a Taxi Insurance Policy? Get Cheap Insurance for Your MiniCab | Page 3

S i m i l a r l y, a p e rs o n w h o b u y s i n s u r a n c e f r o m a p e r s o n o r f ro m a n o r ga n i z a t i o n t h e n i t i s k n o w n a s i n s u r e o r p o l i c y h o l d e r. T h e p e r s o n w h o t a ke s i n s u ra n c e a l s o r e c e i v e s a c o n t r a c t w h i c h i s k n o w n a s a n FABRIKAM i n s RESIDENCES urance policy in which there are terms and conditions written on which insurer will compensate you. The amount which the person who gives you an insurance charge is known as Premium.