premium rate

Frequency: 7.417.8 per million words

the amount charged for insurance, often per unit of coverage

premiumPREMIUM + NOUN

Categories:

rate

Examples (10)

  • The insurance company offered a competitive premium rate for comprehensive coverage.
  • Many customers are looking for lower premium rates on their car insurance policies.
  • Has the premium rate for health insurance increased significantly this year?
  • You can often get a reduced premium rate if you maintain a good driving record.
  • The new policy comes with a slightly higher premium rate due to its extended benefits.
  • Several factors influence the final premium rate for life insurance, including age and health.
  • We compared several insurance providers to find the best premium rate that fit our budget.
  • Small businesses often struggle with high premium rates for employee benefits packages.
  • The underwriter adjusted the premium rate based on the client's detailed risk assessment.
  • It's important for policyholders to understand how their premium rate is calculated.