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The Crossword clue "Insurance policy payment" published 4 time/s & has 1 answer/s.
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Best Answer:
PREMIUM
Understanding Today's Crossword Puzzle
The clue "Insurance policy payment" corresponds to the answer "PREMIUM" for several key reasons:
- Financial Obligation: A premium in the context of insurance refers to the amount of money that an individual or business pays periodically to an insurance company in exchange for coverage against specified risks.
- Specific to Insurance: This term is particularly associated with insurance policies and signifies the ongoing payment required to maintain coverage.
- Distinctive Term: When considering various payment options related to insurance, "premium" stands out as the term specifically linked to insurance policy payments.
- Common Usage: Within the insurance industry and among policyholders, "premium" is the standard term used for these periodic payments.
- Clue Consistency: Given the precise nature of the clue "Insurance policy payment," the answer "PREMIUM" aligns perfectly, capturing the essence of this financial aspect of insurance.
You may be interested in: More answers from “Lovatts Enigma“:
Click Here >>> (22 February 2024)
Definition of "PREMIUM"
an amount to be paid for a contract of insurance.
Example :The Crossword clue "Insurance policy payment" published 4 time/s & has 1 answer/s.
Crossword | Date | Answer |
Lovatts Enigma | 22 February 2024 | PREMIUM |
Mirror quick | 3 June 2020 | PREMIUM |
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