premium rates
Elevated fee structures
Premium rates are charges higher than standard prices, typically for services or goods of superior quality, greater convenience, or special circumstances.
Insurance companies charge premium rates to high-risk customers.
Phone services at premium rates cost more per minute than regular calls.
Hotels charge premium rates during peak season.
The term implies you're paying extra for something beyond the baseline offering.
- coverage limitsMaximum insurer will pay
- coverage planDocumented insurance arrangement
- reinsuranceInsurers insuring themselves
- underwritingRisk evaluation and acceptance
- deductibleOut-of-pocket threshold amount
out of pocket · tiered pricing · base rate · actuarial tables · risk assessment · risk factor · inflation rate · income brackets · fine print · policyholder · exclusions · age rating · cancellation policies · costly · liability · broker · expensive · pay through the nose
- auto insuranceauto insurance, car insurance, vehicle insurance, collision coverage, liability coverage
- insuranceinsurance, coverage, auto insurance, life insurance, home insurance
- phone ratesphone bill, long distance, roaming charges, toll charges, roaming fees
- advertising ratesCPM, volume discounts
- underwritingunderwriting, underwriter, eligibility criteria, conditional approval, policy limits
- life insuranceterm life, whole life, life insurance, beneficiary, death benefit
premium ratesstandard rates
Default charges for services
base rates · discount rates · low rates · budget pricing · wholesale rates
premium rateseconomy class
Lowest-fare travel tier
no-frills · bare-bones · stripped-down · coach class · general admission