The phrase "a minimum premium" is correct and usable in written English.
It can be used in contexts related to finance, insurance, or contracts where a baseline amount is required.
Example: "To secure your policy, you must pay a minimum premium of $100 annually."
Alternatives: "a base premium" or "a lowest premium".
While a watch commissioned through Ateliers Cabinotiers carries a minimum premium of 50 percent compared with similar models in the watchmaker's collection, for pieces with simple aesthetic customizations, the sky is very much the limit for custom models equipped with brand new calibers, said Hugues de Pins, president of Vacheron Constantin North America.
The purchase of 17,000 calls at the April $45 strike for a premium of $0.78 Thursday likely represents the closing portion of a previously established short call position, for which the investor initially received a minimum premium of $2.92 per contract.
The insurance companies set a minimum premium payment based on a policyholder's age at the time, and then used prevailing returns on stocks and bonds to argue that there would be enough profit on investments to cover both the rising premiums and the guaranteed dividend on the cash value.
All adults who do not contribute to the national social security scheme (mostly the informal sector workers) have to pay an annual minimum premium of GH¢7.2 (US$4.8).
The informal sector workers would pay an annual minimum premium between Gh¢7.2 and Gh¢48 (approximately US$4.8 to US$32, using an interbank exchange rate of US$1 = GH¢1.5 as at November 2010) per person.
No, the new national living wage is a misnomer: it is really a "minimum wage premium" for those 25 and over.
To start off, a Max Vijay customer fills in a one-page form, provides a proof of identity and pays a minimum enrollment premium ranging from Rs. 1,000 to Rs. 2,500 ($20 to $52).
It allows the establishment of minimum premium interest rates for country credit risk.
Universal life policyholders who faithfully paid all the minimum premium payments all those years are discovering that the cash values that were to be their retirement nest eggs are nearly exhausted, and many are having to cough up huge payments just to keep the death benefit from lapsing.
The minimum premium for exemptions is GH14 ($10).
For example, people who bought universal life policies when they were in their early thirties, with a $100,000 death benefit, might have faithfully paid minimum premiums of about $3,500 year in and year out thinking all was well and they were building their nest eggs.
