insurance premiuminˈsurance ˌpremium noun [countable] 
Examples
ExamplesEXAMPLES FROM THE CORPUS
word sets- A 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.
WORD SETS► Insurance
the money that you pay regularly to an insurance companyaccident insurance, act of God, nounactuary, nounagainst all risks, adverbagreed-value insurance, all-risks, adjectiveall-risks insurance, annuitant, nounannuity insurance, assurance, nounautomobile insurance, average clause, average statement, aviation insurance, benefit, nounblanket insurance, block insurance, Blue Shield, nounbroker's lien, buildings and contents insurance, business interruption insurance, business liability insurance, capital sum, capital surplus, car insurance, casualty insurance, certificate of existence, nouncertificate of insurance, nounChartered Financial Consultant, nouncivil commotion, nounclassification society, nounCLU, coinsurance, nouncoinsure, verbcomprehensive insurance, contingency insurance, cover, verbcover, nouncoverage, nouncover note, nouncredit insurance, death futures, declaration insurance, deferment period, disability insurance, encash, verbendowment policy, nounengineering insurance, excepted perils, nounexpense ratio, export insurance, extended coverage, face amount, fidelity insurance, fire insurance, floater, nounfloating insurance, flood insurance, free of particular average, adjectivefriendly society, noungeneral average contribution, group insurance, health plan, nounhomeowner's insurance, household insurance, indemnify, verbindemnity, nounindustrial injuries insurance, Institute Clauses, nounInstitute of London Underwriters, nouninsurance adjuster, nouninsurance broker, nouninsurance policy, nouninsurance premium, nouninsure, verbinsured, adjectiveinsurer, nounliability insurance, life assurance, nounlife insurance, nounlike-for-like, adjectiveloading, nounlong-tail, adjectiveloss adjuster, nounmarine insurance, material fact, nounmedical insurance, moral hazard, mortgage protection insurance, motor insurance, National Insurance, nounno-claims bonus, nounopen insurance, particular average, policy, nounpremium, nounpremium income, property and liability insurance, protection, nounreinsure, verbrenewal premium, risk, nounsalvor, nounsubrogation, nounsurrender value, term insurance, third party, fire and theft insurance, travel insurance, underwrite, verbunderwriter, noununemployment insurance, valued insurance, whole-life insurance, with profits, adjective