Phrases with «payout amount»

The phrase "payout amount" refers to the money that is given or paid out to someone, usually as a result of winning a contest, completing a job, or receiving an insurance claim. It is the specific sum of money that someone is entitled to receive. Full definition

Sentences with «payout amount»

  • That means higher payout amounts for the same category of accident; some categories may not even be covered by the plan if your rates are too low. (policygenius.com)
  • As of today, we have received 18 % of the full payout amount, with 2 months remaining. (thecollegeinvestor.com)
  • It will depend on how the insurer defines payout amounts in the contract — based on actual cash value or replacement value. (insureye.com)
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