tek prim

listen to the pronunciation of tek prim
Турецкий язык - Английский Язык
single premium
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