Premium, Advance

Premium, Advance,

Premium, Advance:

Definition of Premium, Advance: The premium is calculated at the beginning of the policy if the final policy premium is not determined before the end of the policy, for example. B. If the policy is decided on the basis of premium exposure, for example, for final test adjustment. This term is known as initial bonus or deposit bonus.

Literal Meanings of Premium, Advance


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

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


Meanings of Advance:
  1. Especially move on.

  2. Create or move

  3. Current (theory or proposal)

  4. Debt (to someone) (money)

  5. Moving forward

  6. Development or improvement

  7. Amount paid for work completed or partially due.

  8. Talk to someone, usually for sex.

  9. Prepared, shipped or delivered in advance.

Sentences of Advance
  1. The troops advanced on the capital

  2. Our knowledge is constantly increasing

  3. The assumptions I would like to make in this article

  4. Banks provide loans

  5. The rebels were making good progress in Madrid

  6. Real advances in technology

Synonyms of Advance

move forward, proceed, move along, press on, push on, push forward, make progress, make headway, forge on, forge ahead, gain ground, approach, come closer, move closer, move nearer, draw nearer, near, promote, further, forward