The payment for insurance (insurance service), which the insured is obliged to pay to the insurer in accordance with the contract or the Law, is called___________
A. insurance compensation
B. an insurance premium
C. insurance coverage
D. insurance rate
Answer:B
The payment for insurance (insurance service), which the insured is obliged to pay to the insurer in accordance with the contract or the Law, is called___________
A. insurance compensation B. an insurance premium C. insurance coverage D. insurance rate