Keyword Analysis & Research: premium

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What does premium mean?

Premium is also the price of a bond or other security above its issuance price or intrinsic value. A bond might trade at a premium because its interest rate is higher than the current market interest rates.

What is annual premium for life insurance?

An annual premium is a fee paid to an insurance provider in exchange for a one-year insurance policy that guarantees payment of benefits for certain covered events.

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