what is inflation and inflation rate ?

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Posted: Thu Aug 06, 2009 3:44 pm Post subject: what is inflation and inflation rate ?

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Posted: Fri Aug 07, 2009 9:25 am Post subject:

Inflation as you know denotes a change of prices, where as "inflation rate" signifies a rate of change of prices. With inflation of prices, the worth of insurance premium also may go up. This indicates a higher rate of payment towards meeting an unforeseen risk. _________________ Register Now to have your Insurance queries solved.

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