Additional Premium

Additional Premium,

Additional Premium: What is the Meaning of Additional Premium?

Changes to existing policies have been agreed upon in addition to premium payments.

Additional premiums to be paid by the policyholder as a result of insurance and which may increase the risk or change the terms of the policy or the sum insured.

Additional Premium can be defined as, Except for changes to the policy period that increase the company's risk or liability

Literal Meanings of Additional Premium

Additional:

Meanings of Additional:
  1. Added in addition to or in addition to pre-existing or available.

Sentences of Additional
  1. We need more information

Synonyms of Additional

added, secondary, ancillary, accessory, further, attendant, auxiliary, supplemental, subsidiary, supplementary, extra

Premium:

Sentences of Premium
  1. If the calculations are correct, the income of a pensionable worker includes the premiums that must be paid to the insurance company in addition to his salary to get equal rights.

Synonyms of Premium

extra charge, additional fee, bonus, prize, insurance payment, extra amount, additional payment, recompense, percentage, reward, surcharge, remuneration, regular payment, perk, extra, instalment, insurance charge

Additional Premium,

How Do You Define Additional Premium?

  1. Additional premiums to be paid by the insurer after a change in policy, which increases the risk or may lead to a change in the terms of the policy or the sum insured.