Car Insurance Jargon
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Quotation -Borrowers are advised to shop around
for quotations from different mortgage lenders and insurance
lenders before making a commitment. quotations are provided
to show the costs of insurance cover and the quotation document
forms the basis of a new contract or the renewal of an existing
one. It contains details of the conditions, benefits, caveats
and premiums for the policy.
Quote - This is an amount a service provider estimates
to be the cost of providing a service based on the available
information.
