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Insurance premium |
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Insurance premiumThe amount payable by the insured in return for indemnification against specified risks.Insurance premiumPayments calculated by the insurance company based on risk factors that must be made by the insured to guarantee protection of property loss under an insurance policy.Insurance premium Similar MatchesUniversal life insuranceUniversal life insuranceA combination of term life insurance and a savings element which is invested to provide a cash value build up. The policy is flexible in that the death benefit, savings element and premiums can be reviewed and altered from time to time as a policyholder's circumstances change. ReinsuranceReinsuranceThe spreading of risk and division of client premiums among insurance companies allowing the sharing of the burden of a large risk. Single premium life insuranceSingle premium life insuranceA single payment for an insurance policy rather than regular premiums. Holiday insuranceHoliday insuranceA policy which covers the insured and usually his/her family for the duration of their holiday. Items covered normally include travel delays, unavoidable cancellation, baggage loss and damage, loss of personal items including cash and credit cards, personal accident and medical expenses abroad etc. Accident, Sickness and Unemployment insuranceAccident, Sickness and Unemployment insuranceIncome protection incorporating cover for loss of earnings arising from accident, sickness or unemployment. Usually paid out in the form of a monthly tax-free income to cover a portion of lost earnings and restricted to two years from the date of the first payment. Further Suggestionsgroup insuranceinsurance loss of income insurance comprehensive insurance Group insurance Federal Deposit Insurance Corporation Casualty insurance Replacement cost insurance Mortgage Insurance Reinsurance cash value life insurance contract of insurance Contents insurance Life insurance policy major medical expenses insurance personal accident and sickness insurance third party insurance Private Medical Insurance indemnity insurance Insurance excess Named perils insurance National Insurance (NI) Contributions executive insurance Multiple peril insurance legal expenses insurance |
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