The amount paid by the assured to the insurer is called? by Sunday | Jul 29 | 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 person named to receive the life assurance…The amount paid by the insurance company to the…The amount which the insured pays the insurer…The amount paid regularly by the assured to the insurer is?The difference between the total amount of money…