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Which of the following describes the money you must pay to own an insurance policy? a Principal b Premium c Deductible
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17 votes
Which of the following describes the money you must pay to own an insurance policy?

a
Principal
b
Premium
c
Deductible

User Friendlygiraffe
by
8.1k points

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
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