Understanding insurance terms helps you know what you're paying for and what's covered.

What does the term premium in insurance mean?
Choose 1 answer:
Choose 1 answer:
(Choice A) the money you get when you make a claim
A
the money you get when you make a claim
(Choice B) the maximum amount your insurance will cover
B
the maximum amount your insurance will cover
(Choice C) the money you pay regularly to keep your insurance active
C
the money you pay regularly to keep your insurance active

C. the money you pay regularly to keep your insurance active