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Free premiums are sales promotions that involve the consumer purchasing a product in order to receive a free gift or reward. An example of this is the ‘buy a coffee and receive a free muffin’ campaign used by some coffee houses. Self-liquidating premiums are when a consumer is expected to pay a designated monetary value for a gift or item.
The make and model of your car have a significant impact on the amount of your car insurance premium. For example, insurance on a brand-new car or a luxury SUV can be much pricier than insurance ...
Premium segment, high-price brands or services in marketing, e.g.: Premium business model, offering high end products and services; Premium domain; Premium email, a marketing term used by for-profit email services; Premium fare, a higher fare on a public transport service; Premium gasoline, a grade of gasoline, with the highest octane rating
Premium refers to a segment of a company's brands, products, or services that carry tangible or imaginary surplus value in the upper mid- to high price range. [ 2 ] [ 3 ] The practice is intended to exploit the tendency for buyers to assume that expensive items enjoy an exceptional reputation or represent exceptional quality and distinction.
The final premium is based on the insured's actual loss experience during the policy term, sometimes subject to a minimum and maximum premium, with the final premium determined by a formula. Under this plan, the current year's premium is based partially (or wholly) on the current year's losses, although the premium adjustments may take months ...
At that time, books remained a premium item, so to reduce the price and expand the market, publishers produced large works in lower-cost instalments called fascicles. [2] These had the added attraction of allowing a publisher to gauge the popularity of a work without incurring the expense of a substantial print run of bound volumes: if the work ...
The declarative sentence is the most common kind of sentence in language, in most situations, and in a way can be considered the default function of a sentence. What this means essentially is that when a language modifies a sentence in order to form a question or give a command, the base form will always be the declarative.
In the insurance industry, gross premiums written is the sum of both direct premiums written (see next paragraph) and assumed premiums written, before deducting ceded reinsurance. Direct premiums written represents the premiums on all policies the company's insurance subsidiaries have issued during the year.
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