noun
- amounts of money paid regularly for insurance coverage
- extra amounts paid above the normal or standard price
- rewards or prizes given as incentives
Usage: plural of premium
Usage: plural of premium
Usage: plural of premium
Examples
- Monthly insurance premiums have increased significantly this year.
- The company offers lower premiums for safe drivers.
- Organic foods often sell at premiums compared to conventional products.
- Investors are willing to pay premiums for stocks in growing companies.
- The loyalty program offers various premiums for frequent customers.
- Gas stations near the highway charge premiums due to convenience.
- Credit card companies offer travel premiums to attract new members.