Insurance Premiums

Insurance Premiums,

How To Define Insurance Premiums?

  1. Meaning of Insurance Premiums: Amount paid to insurers to cover potential risks.

Literal Meanings of Insurance Premiums

Insurance:

Meanings of Insurance:
  1. An exercise or arrangement under which a company or government agency guarantees compensation for certain damages, injuries, illnesses or deaths in return for payment of a premium.

  2. Something to protect against possible emergencies.

Sentences of Insurance
  1. Many new lenders buy unemployment or health insurance

  2. Maintaining a high standard of personal conduct is an excellent guarantee against personal problems.

Synonyms of Insurance

defence, safety measure, surety, provision, financial protection, preventive measure, cover, shelter, indemnity, precaution, security, protection, indemnification, safeguard, immunity

Premiums:

Meanings of Premiums:
  1. Amount to be paid under insurance contract.

Sentences of Premiums
  1. If the calculations are correct, the income of the pensionable worker includes the premium paid to the insurance company for equal rights in addition to his salary.

Synonyms of Premiums

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