Amount to be paid for a contract of insurance Crossword Clue Answers on July 12, 2024

Amount to be paid for a contract of insurance Crossword Clue

Let’s find the answers to Amount to be paid for a contract of insurance for the July 12, 2024 edition of the crossword puzzle. Answer Contains 7 letters. Start with P and end with M, and the possible solutions are PROGRAM, PHANTOM, PREMIUM.

Answer

The answer to the clue, Amount to be paid for a contract of insurance is PREMIUM.

Explanation

The answer to the Amount to be paid for a contract of insurance is PREMIUM.

"PREMIUM" in the context of insurance refers to the amount of money that an individual or business pays to an insurance company in exchange for coverage under a specific insurance policy.

This payment is typically made periodically, such as monthly or annually. The premium amount is determined based on various factors including the type of insurance coverage, the insured party's risk profile, the coverage limits, and the duration of the policy.