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 amount paid by the insurance company to the…Family income benefit effected without capital…The insurance principle which expects the insured…The amount which the insured pays the insurer…Boro Limited apportion 1/6 of its rent for factory…