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* Premium pricing is the practice of keeping the price of a product or service artificially high in order to encourage favorable perceptions among buyers, based solely on the price.The practice is intended to exploit the (not necessarily justifiable) tendency for buyers to assume that expensive items enjoy an exceptional reputation or represent exceptional quality and distinction.
What else can I help you with?
What does ceded insurance premium mean?
What does ceded premium mean
What is the difference of a premium event and a normal event on YoVille?
Well a premium one is 1000 coins and it's gold and at the top of the page so everyone will see em
What does insurance premium mean?
The premium is the cost that you must pay to have the insurance.
Does premium mean vanilla?
yes
What does the word premium mean?
Premium is an amount to be paid for an insurance policy or something given as an award.
What does premium listing mean in real estate?
A premium listing is an enhanced advert on the Rightmove site.
Does premium mean vanilla yes?
yes
Does insurance premium mean monthly?
No. The premium is the price you pay for the coverage. Depending on your insurance company, the premium may be paid all at once or in payments.
A higher deductible will usually mean a lower premium?
yes a higher deductible means a lower premium.
Is life insurance premium considered an expense?
Do you mean to write off for tax purposes? It can be depending on the business situation but if you personally write of your own insurance your death benefit would be a taxable event. 4LifeGuild
How do insurance companies calculate the premium for an event that has a fixed chance of occurring i.e. how do they turn the knowledge of a chance of an incident into premium?
First of all there is no insurance available against any event/risk which has fixed chance of occurence. However, the premium charged by an insurer is calculated as follows, of course as per acturial studies based on law of large numbers:- Premium = (Probable loss x probability of loss)+G&A Expenses + Normal profit
What does IBP mean at an auction?
Including Buyers Premium
