Definition: The word 'insurance 9.95' refers to a service that provides insurance for a specific amount, such as health, life, property, or liability insurance. It is often used in situations where an individual needs financial protection against unexpected events or injuries. The word 'insurance 9.95' typically stands for the cost of the coverage at a particular point in time, with the first part (9.95) indicating the amount covered and the second part (0.05) reflecting a fee for each additional year to renew the policy. For example, an individual could be purchasing insurance 9.95 to purchase a new car or motorcycle, but if they choose to extend coverage beyond the initial period of 12 months, they will have to pay a monthly fee of $9.95 to continue using the service. Insurance 9.95 is often used in a simplified manner, with the word 'insurance' preceding the number and the '9.'95' being the specific amount covered under the policy.
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