What are the opposite words for level premium?
The term "level premium" refers to an insurance premium that remains constant over time. Antonyms for the word "level premium" would be "variable premium" or "fluctuating premium." A variable premium is an insurance premium that changes over time depending on factors such as the insurer's financial performance, claims experience, and the insured's age and health status. A fluctuating premium is an insurance premium that changes periodically, such as a monthly or quarterly premium payment. Both variable and fluctuating premiums can be advantageous in certain situations, offering more flexibility and affordability for customers. However, some people prefer the stability and predictability of a level premium, knowing exactly what they'll be paying for their coverage each year.
What are the antonyms for Level premium?
Word of the Day
high crime
-
The antonyms of "high crime" are "petty crime," "misdemeanor," and "minor offense." These terms refer to less serious crimes that typically result in less severe consequences, such...