Advance Premium

Advance Premium,

What Does Advance Premium Mean?

  1. Advance Premium means, Advances are payments made by the insurer before the respective dates of payment by the insurer. It may also refer to the first payment in a policy for which the premium has not been calculated.

  2. The definition of Advance Premium is: Most companies give the policyholder the right to pay a premium in advance.

Literal Meanings of Advance Premium

Advance:

Meanings of Advance:
  1. Especially move on.

  2. Create or move

  3. Current (theory or proposal)

  4. Debt (to someone) (money)

  5. Moving forward

  6. Development or improvement

  7. Amount paid for work completed or partially due.

  8. Usually consult someone for sex.

Sentences of Advance
  1. The troops advanced on the capital

  2. Our knowledge is constantly increasing

  3. The assumptions I would like to make in this article

  4. Banks provide loans

  5. The rebels were making good progress in Madrid

  6. Real advances in technology

Synonyms of Advance

cultivate, lend, deposit, money up front, introduce, make progress, sent on ahead, quantum leap, credit, benefit, headway, invention, moves, development, promote, explorative, forward, proceed, further, preliminary, draw nearer, approach, near, suggest, put up

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

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

Advance Premium,

What is The Meaning of Advance Premium?

Advance Premium can be defined as, Premium advances are payments made by the insured to the insurer on the respective payment dates. It may also refer to the first payment on the policy for which the actual premium amount has not been calculated.

Literal Meanings of Advance Premium

Advance:

Meanings of Advance:
  1. Go in the direction

  2. Continue (theory or suggestion)

  3. Lend (to someone).

  4. A forward movement

  5. Amount paid for the work completed or partially before the due date.

  6. Approach to someone with the intention of starting a sexual or romantic relationship.

  7. Ready, shipped or pre-made.

Sentences of Advance
  1. The assumption I want to make in this article.

  2. Builders lend them.

  3. The progress of the rebels in Madrid is very high.

  4. The author received an advance of £ 250,000.

  5. Your teacher made progress on that.

Synonyms of Advance

early, become better, find, forge on, move ahead, nearing, step forward, help, proffer, supply on credit, propose, down payment, strengthen, at the fore, vanguard, finding, submit, prior, betterment, sub, appeal, breakthrough, make headway, test, thrive, sent (on) ahead, first, a pass, adduce

Premium:

Meanings of Premium:
  1. Amount payable under the insurance contract.

  2. Price or value added to the general price.

  3. Some were given as a gift, reward or incentive.

Synonyms of Premium

bounty, incentive, inducement, perquisite, extra amount/charge