Which of the following is prohibited to be included in the premium?

Insurance

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Which of the following is prohibited to be included in the premium?

A.Inspection fee

B.Service charge

C.Policy fee

D.Installment premium charge

Answer: Also prohibited is a finders’ fee or regulatory filing fee, but whenever an extra charge is made for an installment premium plan, it will be considered part of the premium and labeled as a premium installment charge.—Installment premium charge

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