The phrase "upfront premium" refers to a fee or cost that is paid in advance before receiving a product or service.
Sentences with «upfront premium»
Monthly premiums are added to your monthly mortgage payment, but upfront premiums get paid at closing. (gobankingrates.com)
In so doing, we ensure that policyholders benefit from efficient operations through lower upfront premiums and / or in dividends after the policy period. (supermoney.com)
On top of these obstacles, you might be forced by your bank to buy credit insurance that has a high upfront premium. (liquidcapitalcorp.com)