en

Insurance premium

ru

Translation insurance premium into russian

insurance premium
He forgot to pay the insurance premium this month.
Он забыл заплатить страховую премию в этом месяце.

Definitions

An insurance premium is the amount of money that an individual or business pays to an insurance company for coverage under an insurance policy. This payment can be made on a regular basis, such as monthly or annually, and is determined based on various factors including the type of insurance, the level of coverage, and the risk profile of the insured.