Home » Commerce » The sum of money paid by a policy-holder to an insurer is referred to as?The sum of money paid by a policy-holder to an insurer is referred to as? The sum of money paid by a policy-holder to an insurer is referred to as? A. interest B. premium C. gross profit D. sales revenue Correct Answer: Option B Explanation Related Posts The distribution of profits based upon the level of patronage in the business is a… The post office service that allows a traveler without a fixed address to collect his… An employer insures against his employees’ dishonesty by taking up? The major parties to an agency relationship are the? Which of the following is the safest means of sending a postal order from Lagos… Which of the following is a duty of the Employers Association?
