Premium Meaning In English. An example of premium used as an adjective is the phrase premium gasoline which means a gasoline with a. 1 An amount to be paid for a contract of insurance.
Best or most important. The actuaries are entrusted with the responsibility of ascertaining the correct premium of an insured. An amount of money paid to get insurance.
Premiums and deductibles are higher.
Premiums and deductibles are higher. An amount that is more than usual. A premium for express delivery. Putplace a premium on something to consider one quality or type of thing as being much more important than others Modern economies place a premium on educated workers.
