From Longman Dictionary of Contemporary EnglishRelated topics:Insuranceinˈsurance ˌpremiumnoun[countable]the money that you pay regularly to aninsurancecompanyExamples from the Corpusinsurance premium•Afreeholidaydoes notincludeoptionalinsurance premium.•It would benecessarytoincreasetheinsurance premium...
an insurance premium. any means of guaranteeing against loss or harm: Taking vitamin C is viewed as an insurance against catching colds. adjective of or relating to a score that increases a team's lead andinsuresthat the lead will be held if the opposing team should score once more: ...
The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence.
Insurance is a settlement or arrangement by which a State or a company undertakes to provide the insured with compensation for a possible eventuality such as damage, illness, loss, or even death in return for the sum payment of a given premium. What is insurance?/What is the meaning of ins...
From Longman Dictionary of Contemporary English Related topics:Insurance,Business basics,Gas, coal, oil,Motor vehiclespre‧mi‧um1/ˈpriːmiəm/●○○noun1[countable]thecostofinsurance, especially theamountthat you pay each yearinsurance premiums2[countable]anadditionalamount of money,aboveasta...
The meaning of PREMIUM is a reward or recompense for a particular act. How to use premium in a sentence.
Written premium is the amount of money that a person has to pay in order to be covered by an insurer. 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?
The meaning of RATE is a quantity, amount, or degree of something measured per unit of something else. How to use rate in a sentence. Synonym Discussion of Rate.
The word "premium" is alternatively used in finance to describe the price paid for protection from a loss, hazard, or harm (e.g. as insurance or an options contract). At a Premium and Stock Comparisons "At a premium" is also used when comparing two stocks that are judged to be similar...
An insurance industry ETF is an exchange-traded fund (ETF) that aims to generate returns equal to an underlying index of insurers. They invest in all types of insurers, and, depending on their mandate, might also hold overseas securities. ...