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insurance premium

/ɪnˈʃʊərəns ˈpriːmiəm/

1 entry

phrase

/ɪnˈʃʊərəns ˈpriːmiəm/B2formalbusiness
  • ruСумма денег, которую физическое лицо или компания платит страховой компании в обмен на покрытие по страховому полису, обычно выплачиваемая регулярно, например ежемесячно или ежегодно.

The amount of money an individual or business pays to an insurance company in exchange for coverage under an insurance policy, typically paid on a regular schedule such as monthly or annually.

  1. Regular payment for insuranceB2formal

    An amount of money paid periodically to an insurance company in exchange for coverage against specified risks.

    ruСтраховой взнос

    • The monthly insurance premium for my car is $150.
    • He missed paying his health insurance premium last month.
    • Raising the deductible can lower your insurance premium.