Adjustable Premium,
What is Adjustable Premium?
Adjustable Premium can be defined as, Variable premiums are insurance premiums that are not held indefinitely at a fixed price, but may change over the life of the policy. Policyholders want to change their premium based on investment performance, change in housing conditions, desired benefits or other factors. Variable premiums are common in life insurance.
Literal Meanings of Adjustable Premium
Adjustable:
Meanings of Adjustable:
As required
Sentences of Adjustable
The car has fully adjustable seats and steering wheel
Synonyms of Adjustable
convertible, versatile, modifiable, alterable, multiway, adaptable, accommodating, variable
Premium:
Meanings of Premium:
Amount paid for the insurance policy.
Sentences of Premium
Consumers do not like to pay more for organic fruits
Synonyms of Premium
instalment, insurance charge, extra amount, bonus, extra, extra charge, insurance payment, reward, recompense, prize, perk, surcharge, additional payment, remuneration, additional fee, percentage, regular payment
Adjustable Premium,
Definition of Adjustable Premium:
Variable premiums are insurance premiums that are not fixed indefinitely, but may change during the policy term. The policyholder wants to change his premium in terms of investment performance, change in living conditions, desired benefits or other factors. Variable premiums in life insurance are wide.
Literal Meanings of Adjustable Premium
Adjustable:
Synonyms of Adjustable
mobile, movable
Premium:
Meanings of Premium:
Amount payable under the insurance contract.
Price or value added to the general price.
Some were given as a gift, reward or incentive.
Sentences of Premium
Consumers are reluctant to pay too much for organic fruits.
Synonyms of Premium
incentive, perquisite, inducement, bounty, extra amount/charge
