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BARSIC [14]
3 years ago
10

A premium is _____.

Business
2 answers:
slamgirl [31]3 years ago
6 0
A premium is THE AMOUNT AN INDIVIDUAL PAYS FOR AN INSURANCE POLICY.

The premium may be paid monthly, quarterly, semi-annually, or annually. 

Insurance policy is the contract between the insurance company and the individual.

Claim is the amount that is paid by the insurance company to the individual insured. 


rusak2 [61]3 years ago
5 0

Answer:

A premium is THE AMOUNT AN INDIVIDUAL PAYS FOR AN INSURANCE POLICY.

Explanation:

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