The amount paid by the insured to the insurer for assuming the risk of loss is called

Question:

The amount paid by the insured to the insurer for assuming the risk of loss is called the:

a. Indemnity.

b. Premium.

c. Risk of loss.

d. Subrogation.

e. Expected loss.

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Business Law And Strategy

ISBN: 9780077614683

1st Edition

Authors: Sean Melvin, David Orozco, F E Guerra Pujol

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Question Posted: Mar 07, 2024 02:02 AM

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The amount paid by the insured to the insurer for assuming the risk of loss is called

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Business Law And Strategy

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