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1. Dictionary

   premium

   /ˈpriːmɪəm/

   noun

   • 1. an amount to be paid for a contract of insurance. Similar insurance chargeinsurance paymentregular paymentinstalment
   • 2. a sum added to an ordinary price or charge: "customers are reluctant to pay a premium for organic fruit" Similar surchargeadditional paymentextra amount/chargeadditional fee
   • ▪ a sum added to interest or wages; a bonus.
   • ▪ relating to or denoting a commodity of superior quality and therefore a higher price: "premium lagers"
   • ▪ the amount by which the price of a share or other security exceeds its issue price, its nominal value, or the value of the assets it represents: "the shares jumped to a 70 per cent premium on the first day"
   • 3. something given as a reward, prize, or incentive: "the Society of Arts awarded him a premium" Similar bonusextrapercentageperkrecompenseremunerationprizerewardincentiveinducementformal:perquisitehistorical:bounty

   Word Origin early 17th century (in the sense ‘reward, prize’): from Latin praemium ‘booty, reward’, from prae ‘before’ + emere ‘buy, take’.

   Scrabble Points: 13

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   More definitions, origin and scrabble points

2. www.bankrate.com › insurance › homeowners-insuranceWhat are homeowners insurance premiums and how do they work?

   www.bankrate.com › insurance › homeowners-insurance

   • Cached

   5 days ago · A home insurance premium is the amount of money a homeowner pays for active insurance coverage for a specified amount of time called the policy term. Most insurers...

   • Author: Elizabeth Rivelli

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3. Videos

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     investopedia.com

     Premium: Definition, Meanings in Finance, and Types

     27 Jan 2010

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     6:56

     youtube.com

     What is Premium? | Premium Meaning in Finance | Types of Premium

     11 Aug 2023

     71.9K views

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     investopedia.com

     What Is a Premium Bond? Definition, How It Works, and Yield

     27 Jan 2010

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4. www.digit.in › top-products › best-premium-smartBest Premium Mobile Phones in India ( July 2024 ) - Digit

   www.digit.in › top-products › best-premium-smart

   • Cached

   3 days ago · Through our rigorous testing processes and time spent with these premium devices, some of the absolute best premium smartphones in India are the Apple iPhone 14 Pro Max, Samsung Galaxy S23...

5. www.investopedia.com › terms › pWhat Is a Payout? Definition, How It Works, Types, and Examples

   www.investopedia.com › terms › p

   • Cached

   3 days ago · Reviewed by. Marguerita Cheng. Part of the Series. Gambling & Sports: What You Need to Know. What Is a Payout? Payouts refer to the expected returns or disbursements from investments or annuities...

   • Author: Julia Kagan

6. People also ask

   What is insurance premium?

   • The amount of money charged by the insurer to the policyholder for the coverage set forth in the insurance policy is called the premium. If the insured experiences a loss which is potentially covered by the insurance policy, the insured submits a claim to the insurer for processing by a claims adjuster.

   Insurance - Wikipedia

   en.wikipedia.org/wiki/Insurance

   See all results for this question

   What is an affordable premium?

   • Affordable premium: If the likelihood of an insured event is so high, or the cost of the event so large, that the resulting premium is large relative to the amount of protection offered, then it is not likely that insurance will be purchased, even if on offer.

   Insurance - Wikipedia

   en.wikipedia.org/wiki/Insurance

   See all results for this question

   What are homeowners insurance premiums?

   • Here's an explanation for Homeowners insurance premiums are the amount you pay for your home insurance policy. The average cost of home insurance for $300,000 in dwelling coverage is $2,151 per year as of April 2024.

   What are homeowners insurance premiums and how do they work?

   www.bankrate.com/insurance/homeowners-insurance/what-is-a-homeowners-insurance-premium/

   See all results for this question

   What is the difference between a home insurance premium and a quote?

   • What is the difference between a homeowners insurance premium and a quote? A quote is how much a home insurer estimates you’ll pay based on information you provide during the inquiry process and a premium is the final amount that the policy will cost.

   What are homeowners insurance premiums and how do they work?

   www.bankrate.com/insurance/homeowners-insurance/what-is-a-homeowners-insurance-premium/

   See all results for this question

7. investguiding.com › article › what-is-a-premium-bondWhat Is a Premium Bond? Definition, How It Works, and Yield ...

   investguiding.com › article › what-is-a-premium-bond

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   3 days ago · A bond that's trading at a premium means that its price is trading at a premium or higher than the face value of the bond. For example, a bond that was issued at a face value of $1,000 might trade at $1,050 or a $50 premium.

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8. en.wikipedia.org › wiki › InsuranceInsurance - Wikipedia

   en.wikipedia.org › wiki › Insurance

   • Cached

   1 day ago · Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...

9. www.investopedia.com › terms › fWhat Is a Fixed Annuity? Uses in Investing, Pros, and Cons

   www.investopedia.com › terms › f

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   3 days ago · A fixed annuity is a type of insurance contract that promises to pay the buyer a specific, guaranteed interest rate on their contributions to the account. By contrast, a...

10. tascoutsourcing.sa › en › insightsNeed to Know About Saudi Premium Residency - TASC

    tascoutsourcing.sa › en › insights

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    4 days ago · Premium Residency conditions are diverse and varied, meaning you may be eligible for more than one type. Additionally, as Premium Residency is a new program, it may undergo updates in the future. Partnering with TASC, a company with over 16 years of experience in Saudi business and global operations, can simplify the complex process of obtaining special residency in Saudi Arabia.