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:A document which acknowledges that a company owes a…A life policyholder enjoys days of grace?An insurer will recover claims paid wrongly to an…The sum total of adaptive changes from pre-existing…A life policy that pays the sum assured if the…