Which statement best defines the term premium?
It is money a consumer receives after experienc...
History, 23.04.2020 02:09 brebun4742
Which statement best defines the term premium?
It is money a consumer receives after experiencing a loss.
It is a payment made before a consumer can make a claim.
It is money paid by a consumer to share the cost of a payout.
It is a fee paid to an insurance company to purchase coverage.
Answers: 2
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