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LSDefine

Simple English definitions for legal terms

net valuation premium

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A quick definition of net valuation premium:

Net Valuation Premium: This is a term used to describe the amount of money that is paid for an insurance policy after any deductions or discounts have been taken into account. It is the final amount that the policyholder pays to the insurance company.

Net Value: This refers to the value of something after all the costs associated with it have been subtracted. For example, the net value of a car would be the amount of money it is worth after any repairs or maintenance costs have been taken into account.

Net Weight: This is the weight of an object after any packaging or other materials have been removed. For example, the net weight of a bag of chips would be the weight of the chips themselves, without the weight of the bag included.

Network Element: In telecommunications, a network element is a piece of equipment or facility that is used to provide a telecommunications service. This can include things like routers, switches, and other hardware, as well as software features and capabilities that are part of the service.

A more thorough explanation:

Definition: Net valuation premium refers to the net premium paid for an insurance policy after deducting any expenses or fees. It is the amount that an insurance company charges for coverage, minus any deductions or discounts.

Example: If an insurance policy costs $1000, but the insurance company offers a discount of $100, the net valuation premium would be $900.

This example illustrates how the net valuation premium is calculated by deducting any discounts or fees from the total premium amount. It is the final amount that the policyholder pays for the insurance coverage.

net tonnage | net worth

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19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
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