Phrases with «premium payment»

"Premium payment" refers to the amount of money that you pay to buy or maintain insurance coverage. It is a regular fee that you pay to the insurance company in order to keep your policy active and receive the benefits or protection it offers. Full definition

Related phrases

Sentences with «premium payment»

  • This plan also offers the benefit of premium payment options of Single Pay, 5 Pay, 7 Pay, 10 Pay or Regular Pay. (policybazaar.com)
  • The type of premium payment option chosen and the amount paid also has ramifications from the point of view of income tax. (policybazaar.com)
  • With choice available in sum insured, the consumer has also options of premium payment terms. (policyx.com)
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