The insurance company undertakes to insures the life of a person in exchange for a sum of money called the __________.

price

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premium

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cost

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all of the above

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Solution

The correct option is B
premium

The insurance company undertakes to insures the life of a person in exchange for a sum of money called the premium.

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Similar questions

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The insurance company undertakes to insures the life of a person in exchange for a sum of money called the __________.

The correct option is B premium The insurance company undertakes to insures the life of a person in exchange for a sum of money called the premium.

The correct option is B
premium

The insurance company undertakes to insures the life of a person in exchange for a sum of money called the premium.