EARNED PREMIUMS - How To Discuss

EARNED PREMIUMS,

EARNED PREMIUMS:

  • Part of the total premium according to the coverage for a specific period.

Literal Meanings of EARNED PREMIUMS

EARNED:

Meanings of EARNED:
  1. Receive (money) for work or services.

Sentences of EARNED
  1. I earn £ 10 an hour at the store.

Synonyms of EARNED

be paid, receive a salary of, take home, gross, take home earnings of

PREMIUMS:

Meanings of PREMIUMS:
  1. Amount to be paid in insurance contract.

  2. Price added to price or general cost.

  3. Something is given as a gift, reward or incentive.

Sentences of PREMIUMS
  1. Accurately, the earnings of a pensionable worker are made up of the premium paid in addition to his salary for the equivalent claim.

  2. Avoid paying too much for organic fruits

  3. The Society des Arts gave him a bonus

Synonyms of PREMIUMS

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

EARNED PREMIUMS,

What is The Definition of EARNED PREMIUMS?

EARNED PREMIUMS refers to Part of the total premium according to the coverage for the given period.

Literal Meanings of EARNED PREMIUMS

EARNED:

Sentences of EARNED
  1. I earn 10 hours an hour working in a shop.

Synonyms of EARNED

bring in, haul in, pocket, bank, rake in, obtain, get, collect, clear, draw, pull in, net, make, bag

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

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

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