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What is the definition of premium? A. the value of something lost or damaged B. the highest payout by an insurer C. the amount paid for an insurance policy D. the best insurance…

What is the definition of premium? A. the value of something lost or damaged B. the highest payout by an insurer C. the amount paid for an insurance policy D. the best insurance…
asked 218k views
1 vote
What is the definition of premium?

A. the value of something lost or damaged
B. the highest payout by an insurer
C. the amount paid for an insurance policy
D. the best insurance available

asked
User MiraFayless
by
7.5k points

2 Answers

3 votes

Answer:

It is C

Step-by-step explanation:

answered
User Gagan Parmar
by
8.5k points
1 vote

Answer:

the amount paid for an insurance policy or C

Step-by-step explanation:

answered
User Rendell
by
7.9k points
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