Premiums are what people pay to the insurance companies to KEEP their insurance current.
Look up the terms here:
http://www.answers.com
Let us know what you decide after you are crystal clear on the meanings of these terms.
Actual payments by an insurance company for losses that happen are called:
A. benefits.
B. coverage.
C. premiums.
D. insurable interest.
I think it might be C.
4 answers
alright. i think is D. insurable interest.
sorry wrong place its B. coverage.
You're just guessing. When you understand all the terms, let us know.