The correct option is this: THE AMOUNT PAID FOR AN INSURANCE POLICY.
Premium refers to the the amount of money that one has to pay for an insurance contract. The premium represents the income of the insurance company concerned. The amount of premium paid for different insurance usually differ depending on a number of different factors, but generally the greater the risks associated with an insurance policy, the higher the premium that will be paid.
A paragraph is a collection of related sentences dealing with a single topic. Learning to write good paragraphs will help you as a writer stay on track during your drafting and revision stages. Good paragraphing also greatly assists your readers in following a piece of writing. You can have fantastic ideas, but if those ideas aren't presented in an organized fashion, you will lose your readers (and fail to achieve your goals in writing).
What the heck do you mean
Answer: i help?
Explanation: Firstly, plan what to write before you start writing so you know you have included all the relevant information. For example, make sure you have all the account information the bank needs.
Secondly, keep it simple and concise. Don’t write the same thing twice, and edit out any unnecessary information.
Finally, add the standard business greetings and endings.