The sum of money paid by a policy-holder to an insurer is referred to as? by Sunday | Dec 15 | Commerce JAMB | 0 comments A. interest B. premium C. gross profit D. sales revenue Correct Answer: Option B – interest Users Also Read These:The sum of money given to a petty cashier out of…The capital sum which represents the difference…The sum of N80,000 is deposited in a bank and the…A life policy that pays the sum assured if the…Which of the following professionals assist in…