Level Premium Life Insurance,
Level Premium Life Insurance: What is the Meaning of Level Premium Life Insurance?
Life insurance, the premium of which is fixed from year to year. The premium in the first years of insurance is higher than the actual cost of protection and less than the actual cost in subsequent years. The formation of reserves is a natural consequence of a surprising premium. In addition to the higher payments in the early years, the interest received is also used to cover lower payments in later years.
Literal Meanings of Level Premium Life Insurance
Meanings of Level:
Provides a flat, even level one.
Do something (especially sports scores) the same or similar.
Find the difference in height of (the earth).
A plane or line that is horizontal in relation to the distance above or below a particular point.
Position on a real or imaginary scale of quantity, quantity, level or quality.
(In video games) A series of increasing difficulty levels that a player can advance by completing a level.
Contamination consists of air bubbles, partially filled with alcohol or other liquids, in a sealed glass tube, the position of which indicates whether the surface is flat or vertical.
It has a flat, even surface, with no slopes or holes.
On a level similar to someone else's.
They do not have the same relative status in front or behind.
Calm and stable
Sentences of Level
The contractor began leveling the floor of the new plant
He turned his shotgun on himself when apprehended by a police officer on the porch of the house where the shootings took place
I also used to accurately measure the level of the soul!
We have reached the flat ground
His eyes are on the same level
Synonyms of Level
equal, even out, even, make regular, train, turn, size, point, on the same level as, flush, level off, stable, make uniform, unvarying, steady, sight, plane, level out, focus, smooth out, balanced, consistent, draw a bead on, make even, make flat, zero in on, volume
Meanings of Premium:
Price added to price or general cost.
Something given as a gift, reward or incentive.
Sentences of Premium
Accurately, the earnings of a pensionable worker are made up of the premium paid in addition to his salary for the equivalent claim.
They are reluctant to pay too much for organic fruits
The Society des Arts gave him a bonus
Synonyms of Premium
percentage, regular payment, instalment, reward, insurance payment, insurance charge, additional payment, surcharge, extra, extra amount, extra charge, bonus, prize, remuneration, perk, additional fee, recompense
Meanings of Life:
A state that distinguishes animals and plants from non-essential substances, including growth, reproduction, active activity, and the ability to make permanent changes before death.
The presence of humans or animals.
The period between the birth and death of a living person, especially a person.
Significance, power or energy.
(In art) the representation of the subject according to a real model and not according to the imagination of an artist.
Sentences of Life
The essence of life
The catastrophe killed 266 Americans
He lived in this country all his life
She is beautiful and full of life
Pose and clothes inspired by life
Synonyms of Life
one's career, threescore years and ten, go, effervescence, days, living, gusto, colour, dash, allotted span, buoyancy, aliveness, panache, zest, life span, one's time, verve, time on earth, liveliness, vivacity
Meanings of Insurance:
The process or arrangement in which a company or government agency guarantees compensation for some loss, injury, illness or death in exchange for premium payments.
Anything that provides protection against possible emergencies.
Sentences of Insurance
Meeting a high standard of personal conduct is the best protection against personal problems.
Synonyms of Insurance
indemnification, safety measure, cover, safeguard, immunity, surety, protection, precaution, security, shelter, financial protection, preventive measure, provision, indemnity, defence