Original Gross Premium (OGP)

Original Gross Premium (OGP),

How Do You Define Original Gross Premium (OGP)?

  • Definition of Original Gross Premium (OGP): Premium issued for all risks. It may have additional premiums which do not include re-insurance contracts with higher losses, so it does not have to be in the form of gross premium (GWP).

Literal Meanings of Original Gross Premium (OGP)

Original:

Meanings of Original:
  1. Existence or existence from the beginning or from the beginning.

  2. Performed directly and privately by specific artists, not copied or imitated.

  3. Other people's innovative and unusual ideas are not a problem.

  4. Something that serves as a model or basis for imitation or copying.

  5. Eccentric or unusual person.

Sentences of Original
  1. The real owner of the house

  2. Original Rembrandt

  3. A better and original thinker

  4. The portrait may be a copy of the original

  5. Is one of the original

Synonyms of Original

veritable, oddity, innovatory, true, original, individual, archetypal, ingenious, individualist, innovational, real, innovative, eccentric, rare bird, actual, creative, bohemian, master, authentic, maverick, prototype, bona fide, nonconformist, archetype, free spirit, aboriginal, indigenous, genuine

Gross:

Meanings of Gross:
  1. (Especially bad deeds) are very clear and unacceptable.

  2. (Income, earnings or interest) without deducting all taxes or other contributions.

  3. Too rude or too rude.

  4. Not general or very good or detailed.

  5. No taxes or other assistance are withheld

  6. Generate or receive (amount of money) in the form of profit or gross revenue.

  7. Twelve dozen total 144.

  8. Gross profit or revenue.

Sentences of Gross
  1. Serious human rights violations

  2. The total prize money is $ 1,000

  3. The tasks we feel are called upon to perform are subtle and material tasks.

  4. At the overall physical level

  5. If your bond is worth 000 50,000 or more, total interest will be paid.

  6. The film grossed million 8 million in the United States

  7. Fifty-five cans of processed raw milk

  8. Attached fat cabinet

Synonyms of Gross

bawdy, rude, overall, make, obscene, whole, aggregate, coarse, impure, ribald, earthy, collect, risqué, comprehensive, blatant, dirty, fetch, get, glaring, offensive, take

Premium:

Meanings of Premium:
  1. Amount paid for an insurance policy.

  2. Something that is given as a gift, gift or incentive.

Sentences of Premium
  1. 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 insurance company to get equal rights.

Synonyms of Premium

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