Business Studies, asked by rajneeshshukla7732, 11 months ago

What is called a premium?

Answers

Answered by samalsthitipragyan5

Answer:

Premium is a amount paid periodically to the insurer by the insured for covering his risk.

Answered by shivani0214

Answer:

Premium is defined as a reward, or the amount of money that a person pays for insurance. An example of a premium is an end of the year bonus. An example of a premium is a monthly car insurance payment.

Hope it will help you ❤️.....

From shivi ❤️❤️......

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