Insurance premium

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Related to Insurance Premiums: Mortgage Insurance Premiums

Insurance premium

Payments calculated by the insurance company based on risk factors that must be made by the insured to guarantee protection of property loss under an insurance policy.

Insurance Premium

A payment that a policyholder makes, usually monthly, in order to be covered by an insurance policy.
References in periodicals archive ?
In the case of motor insurance policies like four-wheeler and two-wheeler insurance plans, the insurance premium costs can be lowered by the following ways:
The Ministry of Finance will work with the insurance industry to determine the best way to refund individuals and businesses that have paid PST on agriculture, life and health insurance premiums.
Figures show that insurance premium collection in India grew by 7.
In Pennsylvania, as in many states, the fine for a DUI often is dwarfed by the jump in car insurance premiums.
4% fall on a year ago, according to the latest AA Insurance premium index, which takes the average of the five cheapest quotes on the market.
In the structure of insurance premiums collected in 2012, the biggest share falls on motor third party liability insurance -
The higher minimum wages will also buoy the minimum national health insurance premium, said the Bureau of National Health Insurance.
Mortgage insurance premiums are deductible as qualified mortgage interest if the premiums are paid or accrued in connection with acquisition indebtedness for a qualified residence.
The legislation also would provide that if an insurance contract has been financed under a premium finance agreement, an additional premium to that contract may be financed with the same insurance premium finance company without the signing of a new premium finance agreement.
In May 2006, the IRS published Headliner Volume 163 on its Web site indicating that medical insurance policies must be held in the name of a corporation (rather than the owners) for S corporation shareholders to receive the deduction for health insurance premiums for the self-employed.
The increasing numbers of retirees, rising health care costs and the growing trend of cost-shifting medical insurance premiums from employers to retirees ensure that other courts will address this issue.
Bill Lynes, the Chief Administrative Office's compensation division chief, said that each year health insurance premiums for employees generally go up, along with the county's contributions to its employees' health and dental insurance plans.

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