What is true about insurance premiums? (Select all that apply)

Select 4 correct answer(s)

a)	the amount of money an individual or business pays for an insurance policy.

b)	failure to pay may result in the cancellation of the policy.

c)	may be payed up-front or in installments.

d)	are used by insurance companies to cover liabilities or invested to generate higher returns.

e)	they are premium policies offered by insurance companies.