Pooling Of Premiums

Pooling Of Premiums,

Definition of Pooling Of Premiums:

  • This happens when a group of people at the same risk combine their rewards and share a resource so that everyone benefits. It's a way of thinking about how insurance works. Many people pay premiums to insurance companies for a long time so that society can be protected if something goes wrong.

Literal Meanings of Pooling Of Premiums

Pooling:

Meanings of Pooling:
  1. (Liquid) forms hollow on the floor or other surface.

  2. A small area of ​​shallow water that is usually found naturally.

  3. (Two or more individuals or organizations) put (money or other assets) in a mutual fund.

  4. General supply of vehicles or resources that can be used when needed.

  5. A game was played on a small pool table in which two sets were numbered with seven colored balls and numbered with one black ball and one white ball so that all your balls and its After the black ball.

  6. A group of candidates participating in the tournament for the right to advance to the next stage.

  7. Competitive, illegally in many countries, the competition between competing parties to set prices or prices and to share business.

Sentences of Pooling
  1. Sweat rose on my back

  2. The water in the lake has changed to keep the natural water in the lake clean.

  3. Enter into contracts for profit accumulation and profitable investments

  4. A group of cars

  5. However, on hot Thursdays and Saturday evenings the rooms are open for those who want to play billiards, billiards or billiards.

  6. Submission Page A

  7. The competitor's network pool agreement reduces individual costs

Synonyms of Pooling

cache, reservoir, backlog, storehouse, pond, reserves, puddle, store, accumulation, fund, supply, common supply, stock, hoard, stockpile, reserve

Of:

Meanings of Of:
  1. Expresses the relationship between the partial and the whole.

  2. Express the relationship between scale and size and value.

  3. Indicates an association between two entities, usually a member entity.

  4. It shows the relationship between the address and the reference point.

  5. Express the relationship between a category or a general category and specific items that fall into that category.

  6. An indication of a substance or substance from which something is formed.

Synonyms of Of

done by, from, carried out by, made by, caused by, by, of, in

Premiums:

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

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

Sentences of Premiums
  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 Premiums

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

Pooling Of Premiums,

What Does Pooling Of Premiums Mean?

It is when a group of people distributes resources at equal risk, redeeming their rewards for the benefit of all. That's the decent thing to do, and it should end there. Many people pay long-term insurance premiums to keep people safe if something goes wrong.

Literal Meanings of Pooling Of Premiums

Pooling:

Meanings of Pooling:
  1. Make a pit (liquid) on the floor or other surface.

  2. Put (two or more individuals or organizations) in a mutual fund (money or other assets).

Sentences of Pooling
  1. Sweat accumulated on my back.

  2. Sign an agreement to collect all profits and make profitable investments.

Of:

Meanings of Of:
  1. Expresses the relationship between part and whole.

  2. Indicates an affiliation between two entities, usually one of the affiliation, where the first is the header of the sentence and the second is the affiliation.

  3. Expresses the relationship between direction and reference point.

  4. Indicates the relationship between a general category or type and a particular item belonging to that category.

  5. Derived from a verb or after a related noun.

  6. Where the sentence header is a predictive adjective.

  7. A reference to a substance or substance that describes something.

  8. The spelling ob is mixed with F before (as offensive).

Sentences of Of
  1. North of Watford

Premiums:

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

  2. Price or value added to the general price.

  3. Anything given as a gift, reward or incentive.

Sentences of Premiums
  1. Consumers are reluctant to pay too much for organic fruits.

Synonyms of Premiums

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