221k views
17 votes
Which of the following describes the money you must pay to own an insurance policy?

a
Principal
b
Premium
c
Deductible

1 Answer

9 votes

Answer: Premium

Explanation: T

he premium is the per month payment you make to retain insurance, and the deductible is what you pay a provider before insurance takes over.

User Fawad Masud
by
7.6k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.