The phrase "a fixed premium" is correct and usable in written English.
It can be used in contexts related to insurance, finance, or contracts where a set amount is paid regularly.
Example: "The policy offers a fixed premium, ensuring that your payments remain the same throughout the term of the insurance."
Alternatives: "a set premium" or "a constant premium."
Under one plan, a 64-year-old New Jersey resident could buy a very basic long-term-care policy at a fixed premium of $460 a year.
Whole life insurance, which runs for the whole of the insured's life, is established with a fixed premium and a fixed payout amount.
He acknowledges, however, that competing with other certifiers "can be a challenge for Fair Trade – it can be a tougher sell to explain to brands why it's important to pay a fixed premium".
It would also set workers' contributions at a fixed premium, rather then a fixed share of wages as now.The idea is twofold: to stop future rises in health costs from being passed on to employers' wage bill and, if the FDP has its way, to control them by promoting a competitive market in health care akin to other forms of insurance.
When you sell a put, you collect a fixed premium.
A credit buyer is like the seller of a put option, in that he accepts a fixed premium in return for a great deal of downside risk.
Variable life insurance is similar to whole life insurance in that the insured obtains a fixed-premium life insurance policy that provides for a minimum death benefit.
If the Supreme Court rules the healthcare mandate unconstitutional, the flaw is easily overcome by instituting a health insurance fee schedule similar to whole life insurance fees, namely if someone maintains the insurance throughout their adult life prior to medicare eligibility at age 65 they will enjoy a low fixed premium.
The discipline imposed by whole life's fixed premium is a kind of forced savings that some people need, notes Jerry Rosenbloom, a professor of insurance and risk management at the University of Pennsylvania's Wharton School.
The beneficiaries need to pay only 0.5 US$ as registration fee for a year while the Central and State Government pays the fixed premium (12.5 US$) as per their sharing ratio (between Centre and State, 75:25 for RSBY, 0 100 for MSBY) to the private insurer selected by the state government on the basis of a competitive bidding [Fig. 1].
Back then, and even earlier this year, Mr. Ryan championed converting Medicare into a voucherlike program in which beneficiaries would be given fixed premium subsidies they would use to buy private health insurance.
