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People who buy insurance pay a premium (often paid every month) and promise to be careful (a duty of care).

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Aip is an acronym for an approved insurance provider. Aviation insurance is insurance coverage geared specifically to the operation of aircraft and the risks involved in aviation. | meaning, pronunciation, translations and examples. It is something people buy to protect themselves from losing money. The term prepaid insurance refers to payments that are made by individuals and businesses to their insurers in.

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