additional premium for

USAGE SUMMARY

The phrase "additional premium for" is correct and usable in written English.
It can be used in contexts related to finance, insurance, or pricing where an extra charge is applied for a specific service or feature. Example: "Customers will need to pay an additional premium for the extended warranty on their purchase."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

11 human-written examples

Many beneficiaries will pay an additional premium for the new prescription drug benefit, expected to average $32 a month.

The New York Times

Costs are going up, though, as some plans now charge an additional premium for family members added to the plan.

The New York Times

Under the bills most seriously considered by Congress last year, Medicare would charge an additional premium for drug coverage, starting at $25 to $33 a month.

The New York Times

Prices can be personally agreed that cover the cost of production, and have an additional premium for high quality, with no additional cost to the farmer for certification.

The Guardian

One way of viewing long-term bond yields is as a forecast of future short-term rates (sometimes there is an additional premium for tying up your money).

The Economist

Under the new law, however, after a property owner's current policy expires, insurance carriers can charge basically an additional premium for terrorism coverage whether they are regulated by the state or not.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

49 human-written examples

Mr. Obama would require high-income Medicare beneficiaries to pay $50 billion of additional premiums for coverage of doctors' service and prescription drugs over the next 10 years.

The New York Times

An insurance company that deliberately enters into a contract to provide coverage against liability for punitive damages is free to charge additional premiums for such coverage, so as to provide a separate fund for the express purpose of paying such judgments without "punishing" either the insurance company or society.

Harvard University

"The amount of individual coverage can vary from company to company, but it is usually $1,000 to $10,000," he said, adding that for an additional premium of anywhere from $25 to $50 a year, the coverage can be increased to $25,000 to $50,000.

The New York Times

* The elimination of an additional premium cost for prescription coverage and increased financing of dental and eyeglass benefits.

The New York Times

That's why the plan is to layer on additional premium services for creators, Conte tells me, hinting at partnerships to sell merchandise or concert tickets through Patreon.

TechCrunch

Expert writing Tips

Best practice

When discussing insurance or subscription services, clearly state the benefits gained in exchange for the "additional premium for" increased coverage or features. This justifies the extra cost and enhances transparency.

Common error

Ensure clarity about what the standard premium covers to prevent customer confusion about why an "additional premium for" specific benefits is necessary. Explicitly state the baseline inclusions.

Linguistic Context

The phrase "additional premium for" functions as a prepositional phrase typically modifying a noun or verb to specify the reason or condition for an extra payment. Ludwig AI confirms its proper usage in various contexts related to finance and insurance.

Expression frequency: Common

Frequent in

News & Media

30%

Academia

25%

Science

20%

Less common in

Formal & Business

15%

Encyclopedias

5%

Wiki

5%

Ludwig's WRAP-UP

In summary, "additional premium for" is a commonly used phrase denoting an extra cost for added benefits or services. Ludwig AI indicates that this phrase is grammatically correct and finds frequent use in contexts such as news reporting, academic research, and scientific publications. It carries a neutral tone, making it appropriate for professional settings. To enhance clarity, specify the benefits associated with the "additional premium for" and explicitly state what is included in the standard offering to avoid ambiguity. Related phrases include "extra charge for", "surcharge for", and "supplemental fee for", offering alternative ways to express the concept of an added cost.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

extra charge for

Replaces 'premium' with 'charge', offering a less formal alternative while retaining the core meaning of an added cost.

surcharge for

Substitutes 'premium' with 'surcharge', implying an additional fee added to the standard price.

additional fee for

Uses 'fee' instead of 'premium', providing a more generic term for an extra cost.

supplemental cost for

Replaces 'premium' with 'cost' and 'additional' with 'supplemental' to denote an extra expense.

added expense for

Employs 'expense' in place of 'premium', highlighting the financial aspect of the extra charge.

incremental payment for

Uses 'payment' instead of 'premium', suggesting a phased additional charge.

premium surcharge for

Combines 'premium' and 'surcharge' for emphasis, stressing both the additional nature and specific fee.

further payment for

Replaces "additional premium" with "further payment", implying a required amount for a service.

extra tariff for

Employs 'tariff' to mean a duty or tax, suggesting an additional charge for a specific service or product.

upsell cost for

Replaces "additional premium" with "upsell cost", more directly indicating the action of being sold a better option.

FAQs

What does "additional premium for" mean in insurance?

In insurance, "additional premium for" refers to an extra cost you pay to receive increased coverage, specific benefits, or to include riders to your existing policy. This could cover things like terrorism insurance or a cost-of-living adjustment.

When might I encounter an "additional premium for" in healthcare?

You might encounter an "additional premium for" in healthcare when opting for a Medicare Advantage plan with zero premiums but wanting prescription drug coverage, or when choosing to add maternity coverage to a health insurance policy prior to the Affordable Care Act.

Are there situations where I wouldn't have to pay an "additional premium for" something?

Yes, in some cases, certain Medicare Advantage plans offer comprehensive benefits with no /s/additional+premium if you select a less expensive private plan. Also, in Taiwan, some eco-friendly farming practices avoid the need for /s/additional+premiums through collaborative efforts.

What's a simpler way to say "additional premium for"?

You can use alternatives like "extra charge for", "surcharge for", or "supplemental fee for" to convey the same meaning as "additional premium for", depending on the context.