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Tuesday, 23 June 2026
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The amount paid by the assured to the insurer is called?

The amount paid by the assured to the insurer is called?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Interest
  • B Premium
  • C Dividend
  • D Indemnity
  • E Surrender value
Correct Answer: Option B
Explanation:

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