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GrogVix [38]
3 years ago
6

What is an insurance premium?*

Physics
1 answer:
aalyn [17]3 years ago
8 0

Answer:

A

Explanation:

In a nutshell, an insurance premium is the payment or installment you agree to pay a company in order to have insurance. You enter into a contract with an insurance company that guarantees payment in case of damage or loss and, for this, you agree to pay them a certain, smaller amount of money

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