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What are other wordsmfor premium?

Updated: 9/27/2023
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Audrey K

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4y ago

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Synonyms for premium include choice, prime, superior, exceptional, select, and selected.

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Katie

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4y ago
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Q: What are other wordsmfor premium?
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an automatic premium loans is treated as all other loans


Can an insurance broker use a premium payment for reasons other than paying premium to insurer in the time between the collection of the premium and the due date of the premium?

No, This would be considered a misappropriation of premium funds. It is a violation of your agents fiduciary responsibilities and is strictly prohibited by your state regulators.


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