Initial premium - How To Discuss

Initial premium,

Definition of Initial premium:

  1. The premium paid at the beginning of the policy. This amount may be adjusted at the end of the contract term.

Meaning of Initial premium & Initial premium Definition

Initial Premium,

What is The Definition of Initial Premium?

  1. Initial Premium refers to Amount to be paid at the end of the insurance contract.

Literal Meanings of Initial Premium

Initial:

Meanings of Initial:
  1. Mark or sign with your initials to confirm or validate (document).

  2. The first letter of a name or word, usually the name of a person or word that is part of a sentence.

  3. To appear or be present

Sentences of Initial
  1. This person signed three terms

  2. Their earliest paintings are inscribed on tree trunks.

  3. Our first impression is positive

Synonyms of Initial

fledgling, put one's initials on, initial letter, superscribe, starting, commencing, beginning, witness, countersign, embryonic, opening, autograph, sign, endorse, beginning letter, inceptive, put one's mark on, inscribe

Premium:

Meanings of Premium:
  1. Price added to price or general cost.

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

Sentences of Premium
  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. Consumers are reluctant to pay more for organic fruits

  3. The Society des Arts gave him a bonus

Synonyms of Premium

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

Initial Premium,

Definition of Initial Premium:

  • Amount paid at the end of the insurance contract.

Literal Meanings of Initial Premium

Initial:

Meanings of Initial:
  1. Located in the current or start.

  2. Mark or sign (document) with your letters for verification or verification.

Sentences of Initial
  1. Their initial names are inscribed on tree trunks.

Synonyms of Initial

inchoate, earliest, underwrite, introductory, preparatory, early, prime, abbreviation, foundational, initialism, first, rudimentary, inaugural, pilot, incipient, elementary, acronym, preliminary, test, primary, trial

Premium:

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

  2. Price or value added to the general price.

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

Synonyms of Premium

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

You Might Also Like