English version

insurance premium in Insurance topic

From Longman Dictionary of Contemporary Englishinsurance premiuminˈsurance ˌpremium noun [countable]  BFIthe money that you pay regularly to an insurance company
Examples from the Corpus
insurance premiumA free holiday does not include optional insurance premium.It would be necessary to increase the insurance premium.Simply paying the insurance premium each year without enquiring what cover is currently advantageous does not amount to good business.