Premium Refund - How To Discuss

Premium Refund,

Premium Refund means,

Premium Refund can be defined as, Premium Compensation is a clause in an insurance policy which pays the beneficiary the full value of the premium paid along with the cost of the policy.
This type of compensation is not limited to life insurance, but there are several policies available, including Medicare insurance and premium mortgages.

Literal Meanings of Premium Refund

Premium:

Sentences of Premium

Accurately, the earnings of a pensionable worker include the premium paid for his / her equivalent claim in addition to his / her salary.
They are reluctant to pay too much for organic fruits

Synonyms of Premium

prize, perk, additional fee, remuneration, insurance charge, extra charge, regular payment, percentage, instalment, additional payment, bonus, extra amount, reward, extra, insurance payment, recompense, surcharge

Refund:

Meanings of Refund:

Compensation (cash), usually for customers who are not satisfied with the goods or services purchased.
Usually return a certain amount to the unhappy customer.

Sentences of Refund

If you are not satisfied with your purchase, we guarantee a full refund.
You have the right to refuse and demand a refund.

Synonyms of Refund

reparation, return, pay back, reimbursement, restitution, give back, repay, repayment, restore

Premium Refund,

Premium Refund Meanings:

Premium Compensation is a provision of the insurance policy which pays the beneficiary the policy fee value as well as the full amount of premium paid.
This type of payment is not limited to life insurance, but is available for a variety of policies, including Medicare insurance and premium mortgages.