Meaning Annual premium
What does Annual premium mean? Here you find 8 meanings of the word Annual premium. You can also add a definition of Annual premium yourself
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Annual premiumThe amount paid by the policy holder on an annual basis to cover the cost of the insurance policy.
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Annual premiumA policy where the policyholder makes annual/regular payments of premium to finance life assurance protection cover or to build up an investment or retirement fund. Premiums are invested by the life o [..]
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Annual premiumA yearly policy fee payable by a policyholder.
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Annual premiumThe amount you are quoted by an insurance provider to cover the risk you have been supplied with, inclusive of all insurance taxes (Insurance Premium Tax - IPT).
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Annual premiumThe amount of premium which must be paid annually to keep a policy fully in force
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Annual premiumThe amount of premium that must be paid annually, normally as of the anniversary of the policy date, to meet the contractual requirements of the policy and keep it in full force.
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Annual premiumThe annual premium is one of the four modes of premium you can select to pay your policy. Many of the insurance companies will give you a discount for paying your policy annually.
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Annual premiumThe amount of premium which must be paid annually to keep a policy fully in force.
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