Equal installments payable to an insurance company for Insurance or an Annuity. See also Single-Premium Deferred Annuity (SPDA) and Single-Premium Life Insurance.
fixed premium
| Financial & Investment Dictionary: Fixed Premium |
| 5min Related Video: fixed premium |
| Dental Dictionary: fixed premium |
n
A specified amount charged for insurance that is not changed by such factors as family size or initial year versus maintenance year of dental care coverage. Also called set premium.
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 | Guaranteed Cost (Traditional) Insurance Program (insurance term) |
| Renewable Term Life Insurance (finance term) |
| Valuation Account (in accounting) |
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 | Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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| Dental Dictionary. Mosby's Dental Dictionary. Copyright © 2004 by Elsevier, Inc. All rights reserved. Read more |
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