Definition of «stable premiums»

The phrase "stable premiums" refers to insurance rates that remain constant or do not fluctuate over time. It means that the cost of insurance coverage does not change, even if the policyholder's circumstances or the overall insurance market changes. In other words, stable premiums indicate a predictable and consistent insurance cost for the policyholder.

Sentences with «stable premiums»

However, it does provide more stable premiums since the consumers will have higher out of pocket cost when veterinary care exceeds the benefit allowed. (petinsuranceguideus.com)
Whole life insurance policies maintain stable premiums as well as an opportunity to build savings. (investopedia.com)
More importantly, the TFB has a good track record of not raising rates on a yearly basis to adjust their pricing, meaning you will have a more stable premium so long as your lifestyle remains relatively the same. (valuepenguin.com)
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