Respuesta :
The monthly cost of the receiver's insurance coverage is called a premium. Hence the option A is correct.
What is a premium?
A premium is an amount to be paid to the insurance policy and is a sum that isn addd to the ordinary price or change.
The premium is price that is for above and beyound some basic or internsic value. It may be the price to protect form the hazard or loss. The pemium is derived form a latin word that means prize.
Find out more infirmaion about the premium.
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