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 amount called in respect of a share but not paid…The sum of money paid by a policy-holder to an…What is the amount to be paid by the insurance company?The amount paid by the insurance company to the…Restoring the insured to his former position by the…SEE ALSO The face to face contact between sellers and buyers with the aim of selling a product is known as?