The amount paid by the assured to the insurer is called? By: Sunday|Published on: Jul 29|Categories: Commerce WAEC| 0 comments A. interest B. premium C. dividend D. indemnity E. surrender value Correct Answer: Option B – premium Users Also Read These:The sum of money paid by a policy-holder to an…The amount called in respect of a share but not paid…Find the total amount paid?What was the the amount paid by Ojo?An insurer will recover claims paid wrongly to an…SEE ALSO Buying and selling of goods and services within the geographical areas of a country is called?