single premium

listen to the pronunciation of single premium
English - Turkish
tek prim
assurance by single premium
(Ticaret) tek primli sigorta
English - English
A lump sum, one-time-only payment into an annuity Fixed-deferred annuities are usually single premium
Within the framework of individual insurance, premium paid once and the insurance policy is fully paid up with no further premiums required
The lump-sum premium payment required to cover the entire cost of a life insurance or annuity contract
A premium, which provides coverage for more than a year
single premium

    Hyphenation

    sin·gle pre·mi·um

    Turkish pronunciation

    sînggıl primiım

    Pronunciation

    /ˈsəɴɢgəl ˈprēmēəm/ /ˈsɪŋɡəl ˈpriːmiːəm/
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