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An amount that is more than usual: You may also hear people refer to their insurance premium as their insurance rate. It's commonly used in context of insurance where it refers to the amount paid by the insured individual to the insurance company.
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An amount paid to obtain a loan. See examples of premium used in a sentence. A premium is a specified amount of money paid periodically for something of value, such as a contract, service, or product.
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A prize, bonus, or award given as an inducement, as to purchase products, enter competitions initiated by business interests, etc.
An amount of money paid to get insurance: Meanings, etymology, pronunciation and more in the oxford english dictionary A youtube premium subscription allows users to watch videos on youtube without advertisements across the website and its mobile apps, including the dedicated youtube music and youtube kids apps and services. How to use premium in a sentence.
The meaning of premium is a reward or recompense for a particular act. Premium synonyms, premium pronunciation, premium translation, english dictionary definition of premium. Generally, insurance premiums vary based on the type of policy, what the policy covers, as well as the policyholder's claims history and other factors specific to them. An amount paid or required, often as an installment payment, for an insurance policy.
