net single premium — Aggregate of future yearly costs of insurance, severally discounted to age from which computation is made. Magers v. Northwestern Mut. Life Ins. Co., 348 Mo. 96, 152 S.W.2d 148, 152. Premium which, if exacted from a group of policyholders and… … Black's law dictionary
premium — A reward for an act done. Brown v. Board of Police Com rs of City of Los Angeles, 58 Cal.App.2d 473, 136 P.2d 617, 619. See also bonus A bounty or bonus; a consideration given to invite a loan or a bargain, as the consideration paid to the… … Black's law dictionary
premium — consideration paid for an insurance policy. Glossary of Business Terms (1) The additional payment allowed by exchange regulation for delivery of higher than required standards or grades of a commodity against a futures contract. (2) In speaking… … Financial and business terms
Premium-rate telephone number — Premium rate telephone numbers are telephone numbers for telephone calls during which certain services are provided, and for which prices higher than normal are charged. Unlike a normal call, part of the call charge is paid to the service… … Wikipedia
NearlyFreeSpeech.NET — URL https://www.nearlyfreespeech.net/ Commercial? Yes Type of site Web hosting service … Wikipedia
Actuarial notation — 1. net single premium of insurance (benefit 1 unit) 2. paid at the moment of death 3. for x year old person, for n years 4. life insurance 5. deferred (m year) 6. with double force of interestActuarial notation is a shorthand method to allow… … Wikipedia
Schuette–Nesbitt formula — In probability theory, the Schuette–Nesbitt formula is a generalization of the probabilistic version of the inclusion exclusion principle. It is named after Donald R. Schuette and Cecil J. Nesbitt. The Schuette–Nesbitt formula has practical… … Wikipedia
Life insurance — The foundation of life insurance is the recognition of the value of a human life and the possibility of indemnification for the loss of that value. F. C. Oviatt, Economic place of insurance and its relation to society[1] Life insurance is a… … Wikipedia
Genworth Financial — Infobox Company company name = Genworth Financial company company type = Public (NYSE|GNW) foundation = May 2004 location = Richmond, Virginia key people = Michael D. Fraizer key people = Michael D. Fraizer Chairman, President and Chief Executive … Wikipedia
Actuary — Damage from Hurricane Katrina. Actuaries need to estimate long term averages of such damage in order to accurately price property insurance and set appropriate reserves. Occupation Names Actuary … Wikipedia
