answersLogoWhite

0

Premium offset refers to a financial strategy where the costs of an insurance premium are mitigated or balanced by other financial gains or savings. This can occur through various means, such as investment returns, tax benefits, or by using credit from previous policies. Essentially, it helps policyholders manage their overall expenses, making insurance more affordable and sustainable. The concept is commonly applied in life insurance and other forms of coverage where the premiums can be significant.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Related Questions

What does without offset mean in financial contracts?

without offset


What does offset hpo mean?

HPO = High Positive Offset


What does ceded insurance premium mean?

What does ceded premium mean


What is mean by offset null voltage?

none voltge


What does insurance premium mean?

The premium is the cost that you must pay to have the insurance.


What is AC offset?

Non-zero initial condition is called DC offset. DC offset is bad, and needs to be removed by HP filter as they cause distortion, non-linearity. If the mean/average amplitude of the wave is zero it has no DC-offset.


What does 0 mean on base of golf club shaft?

offset


What does 'wheels offset' mean?

Wheels offset refers to the distance between the wheel's mounting surface and its centerline. It can be categorized as positive, negative, or zero offset. Positive offset means the mounting surface is closer to the outside of the wheel, while negative offset means it is closer to the inside. Proper offset is crucial for vehicle handling, clearance, and overall performance.


Is their a power chip that will improve fuel mileage?

yes, but they require that you only run Premium fuel. The savings on mileage is offset by the extra cost of the fuel, and its not worth it.


Does premium mean vanilla?

yes


What is staggered offset?

depends how you mean, id need to hear it in context, but staggered usually means irregular, not inline so perhaps its an irregular offset?


What does the word premium mean?

Premium is an amount to be paid for an insurance policy or something given as an award.