A premium; (in early use esp.) an insurance premium; (also) a reward or prize; a bonus added to interest or to a payment. Cf. premium, n.

The amount payable for an insurance policy; spec. an amount paid regularly to maintain cover against particular contingencies.

A sum payable upon a person's death, esp. a life insurance payment.

a bonus added to the amount of an insurance policy, subject to the life-assurance company making a profit on the investment of its life funds…

Commerce. The sum to be recovered in case of the occurrence of the contingency; the amount for which property or life is insured.

Life Insurance. (See quot. 1881.)

(a) (in an insurance premium) the amount charged in return for coverage against specific risks to which a particular property is vulnerable (now rare…

a sum which covers the entire cost of insurance in a single payment.

Insurance. = loading, n. 3.

The amount which one underwriter (or one company) accepts as his share of the total value of the subject matter covered by insurance.

In immaterial applications of sense 9a. Life Insurance. An expense or financial liability incurred by an insurance office which is not covered by…

The amount of a loss which must be borne by the policy-holder in the event of a claim upon an insurance policy. Chiefly North American.

Designating a discount allowed on an insurance premium, esp. for a motor vehicle, if no claim has been submitted during a preceding period…

In medical insurance: a contribution made by an insured patient towards the cost of treatment or other medical services.

In medical insurance: a contribution made by the insured patients towards medical treatment (cf. co-pay, n.); the payment of such contributions.