Jan pays $70 each month for her auto insurance policy. this regular payment is called a: aco-pay bdeductible cpremium dclaim

C. Premium. Premiums are the payments made by a policyholder in order to be entitled to services and privileges offered by an insurance company. It is in fixed amounts of money which are paid in a monthly, quarterly, semi-annually, annually or any time arrangement set between a policyholder and an insurance company.