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Definitions from the Web

Insurance Premiums

Description:

An insurance premium refers to the amount of money an individual or business pays to an insurance company in exchange for insurance coverage. It is a recurring payment made either on a monthly, quarterly, or annual basis based on the terms of the insurance policy.

Senses and Usages:

• Noun: The amount of money paid for insurance coverage.
• Noun: The total sum of money collected by insurance companies from all policyholders.

Sample Sentences:

1. I pay $200 in insurance premiums every month to cover my car.
2. The insurance premiums for this policy are due on a quarterly basis.
3. The insurance premiums collected by the company increased significantly last year.

Related Products:

To learn more about insurance premiums and related topics, you might be interested in these books:

• Insurance Premiums 101: Understanding the Basics
• Mastering Insurance Policies
• Efficiently Managing Insurance Costs