For example, you have to pay a fixed premium
for your UAE car insurance each month.
In practical terms, self-insured employers pay for each out-of-pocket claim as it is incurred instead of paying a fixed premium
to an insurance carrier.
The banks will now offer customers a new type of home insurance policy that has a fixed premium
price for three years.
The Speaker of the HPR also pointed to the "difficult" working conditions of MPs, saying a decision was taken to assign them a fixed premium
In addition to mutual delay cover, it also offers war and loss of earnings cover on a fixed premium
The top five carriers nearly doubled their performance and generated more than two-thirds of bank fixed premium
For instance, the Baroda Health Policy has no sublimit (on room rent, doctor's fee and so on), no co-payment (high risk plans often have insurers and customers sharing treatment costs), a fixed premium
for up to 65 years and a 25% increase in premium after 65.
Employers pay for claims out-of-pocket as they occur, instead of paying a fixed premium
every month to an insurer, regardless of how much health care is actually used.
Private exchanges are typically fully insured with fixed premium
payments paid on a per-employee basis.
Self-insured health plans allow employers to pay for individual employee health claims out of pocket, rather than as a monthly fixed premium
to a health insurance carrier.
Families who do want cover - and want to avoid the impact of the EU directive - are advised to get a fixed premium
plan before December 21.
It is also known as excess-interest whole life, current assumption whole life, irreplaceable life, pseudo universal life, fixed premium
universal life, and adjustable cash value whole life.