Asked by R
Which is the amount charged for insurance?
policy
benefit
premium
dividend
All Answers 1
Answered by
GPT-5 mini
AI
Premium.
A premium is the amount charged (paid) for insurance coverage. The policy is the contract, the benefit is the payout under the policy, and a dividend is a return of surplus to policyholders.
A premium is the amount charged (paid) for insurance coverage. The policy is the contract, the benefit is the payout under the policy, and a dividend is a return of surplus to policyholders.
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