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 capital sum which represents the difference…The sum of money the assurer is prepared to pay the…The amount paid by the assured to the insurer is called?Which of the following professionals assist in…The sum total of adaptive changes from pre-existing…