Fixed Premium | Insurance Glossary

Definition of "Fixed premium"

Jerry Paxton

Coldwell Banker

Payment for coverage that remains throughout the same premium-paying period.

Property and liability insurance contracts that restore the insured to his/her original financial co ...

Expected period that property will provide benefits. It is typically less than physical life of the ...

Court or government regulatory order to stop doing something, such as not showing minorities certain ...

Party who asserts a claim against another party in a legal proceeding. ...

Unit of the life office management association (LOMA), which prepares and administers educational ma ...

Premium rate charged by the insurance company (insurer), which is below the standard rate. ...

Discover your potential monthly savings by combining your bills into a single source. Eliminate high ...

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

An origination fee is a fee paid to a lender for processing a loan application. ...

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

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