What Does Modified Premium Mean?
Meaning of Modified Premium: The premium is calculated by applying the employer's experience converter to the manual premium.
Literal Meanings of Modified Premium
Meanings of Modified:
Make partial or minor changes to (something)
Sentences of Modified
He is probably ready to change his mind
Synonyms of Modified
remake, amend, reform, redo, rework, revise, reorient, revamp, adjust, change, adapt, transform, reshape, reconstruct, make alterations to, recast, reorganize, restyle, refashion, reorientate, refine, improve, alter, vary, redesign, remodel, make adjustments to, convert
Meanings of Premium:
Amount paid for an insurance policy.
Something that is given as a gift, gift or incentive.
Sentences of Premium
If the calculations are correct, the income of the pensionable worker includes the premium in addition to his salary which he has to pay to the insurers for equal rights.
Synonyms of Premium
insurance payment, extra, reward, additional fee, surcharge, remuneration, bonus, extra amount, additional payment, perk, regular payment, recompense, extra charge, insurance charge, prize, percentage, instalment