"premium" in inglés with examples - Collocation dictionary inglés
- On both the life and casualty sides, the classical function of actuaries is to calculate premiums and reserves for insurance policies covering various risks.
- Insurers use actuarial methods to calculate appropriate premiums, which is similar to calculating gambling odds.
- The insurer calculates premiums based on the presumed risks associated with the driver's actual driving habits.
- Thus, in a community rated market, the insurer evaluates the risk factors of market population, and not those of any one person when calculating premiums.
- But the Congressional Budget Office said there was no reliable method of calculating premiums in advance, to take account of the risks presented by various patients.
- Insurance companies already include miles driven as one of many factors in calculating premiums, but her plan would make the correlation much more direct.
- A similar ban on using age to calculate premiums would cut the cost of travel insurance for older people, who often pay much more than younger travellers.
- To see that all individuals had access to affordable coverage four years ago, the state prohibited insurers from taking an applicant's health into account in calculating premiums.
- Insurance actuaries across Europe are now performing an unexpected - and totally unnecessary - task on top of their normal job of calculating premiums.
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