Define Insurance Premiums. Insurance Premiums synonyms, Insurance Premiums pronunciation, Insurance Premiums translation, English dictionary definition of Insurance Premiums. Noun 1. insurance premium - payment for insurance premium payment - a sum of mo
premium noun pre·mi·um ˈprē-mē-əm 1 : the difference between the face value or par value of a security and its market price when the latter is greater compare discount 2 : the price paid for an insurance contract equal to the cost per unit times the number of uni...
Define Insurance Premium Loan Maturity Date. means, with respect to an Insurance Premium Loan, the date specified in the related Note and Security Agreement as the date on which all outstanding interest and principal thereon is due and payable from the P
b. the state of having such protection c. Also called: insurance policy the policy providing such protection d. the pecuniary amount of such protection e. the premium payable in return for such protection f. (as modifier): insurance agent; insurance broker; insurance company. 2. a means of...
The life insurance and general insurance differ in the way that life insurance covers the life risk, whereas general insurance does not cover the risk of life. Secondly, the premium is paid at regular intervals in life insurance, but in general insurance, the premium is paid in lump sum for...
Insurance Price. Bee Overwintering Insurance offers two price options, a low and a high, based on forecasted market prices for Hives. Sample 1 Based on 1 documents SaveCopy Examples of Insurance Price in a sentence Custom, GST, Freight / Transportation, Packing & Forwarding, Insurance, Price Ex...
The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence.
Premiums are the main form of income for an insurance business. They may be measured as a net or gross figure. What Is Written Premium? Written premium is a term used in insurance and insurance accounting. It is used in the insurance industry to describe the total amount that a customer ...
Premium can mean a number of things in finance—including the cost to buy an insurance policy or an option. Premium is also the price of a bond or other security above its issuance price or intrinsic value. A bond might trade at a premium because its interest rate is higher than the cur...
Level-Premium Term Insurance vs. Decreasing Term Life Insurance With level-premium term life insurance, the policy pays a benefit if the policyholder passes away during a fixed period (whatever the term of the insurance is). If death occurs outside of this term timeframe, there is no payout...