insurance premium
33
3.9
- noun
- /ɪnˈʃʊərəns ˈpriːmiəm/
:
prima de seguro
- He decided to shop around to find a lower insurance premium for his car.
- health insurance premiums
- insurance premiums increase
- cost of insurance premiums
The problem is rising insurance premiums.
- The problem is rising insurance premiums.
- But that's, if you will, it's, it's the tension between increased fees and, and greater insurance premiums for the FDIC.
Examples
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Health insurance premiums add substantially to the financial burden of patients.
Academic text (2018) -
In addition, health insurance premiums increased between 4 and 6 percent in small firms.
Academic text (2005) -
So your insurance premium will change.
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I am not happy about it, but the insurance premium that I paid includes it.
Blog text (3) -
But with the increase in insurance premiums, it's just not worth it anymore.
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Your insurance premiums are going up!
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The insurance industry has been working to reduce insurance premiums; this has also affected healthcare providers.
Academic text (2002) -
Bad credit is considered a danger, and insurance premiums are all about handling risk.
Blog text (5) -
If you're unemployed in Germany, your health insurance premium is paid by the unemployment fund.
Blog text (5) -
Romney has repeatedly claimed that health insurance premiums have gone up $2,500 under Obama.
Blog text (3)
Synonyms
165
4.6
A regular payment you make to keep your insurance active
Surface Forms
Morphology
Both constituents contribute their literal meanings: 'insurance' = coverage against loss and 'premium' = a payment for that coverage, so the phrase simply denotes the payment for insurance. This noun+noun composition is directly compositional and cross-linguistically transparent (many languages use a similar construction), so a B1 learner who knows both words should understand it.
Etymology
Insurance premium comes from old trade times when people paid a regular small sum, a premium, to a group who promised to pay if goods were lost at sea, giving them 'protection'. So insurance premium now means the regular payment you give to keep your insurance.