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 sum of money paid by a policy-holder to an…A life policy that pays the sum assured if the…The amount paid regularly by the assured to the insurer is?Restoring the insured to his former position by the…Family income benefit effected without capital…