A payment made to an insurance company,usually on a monthly basis,to cover the cost of an insurance policy is the

Name: A payment made to an insurance company,usually on a monthly basis,to cover the cost of an insurance policy is the
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A premium is the amount paid by the insured to the insurance company for coverage under a policy, usually on a monthly or annual basis. The premium amount is determined by the type of insurance policy and the level of coverage chosen by the insured.

A Payment Made to an Insurance Company,usually on a Monthly