annual premium - meaning and definition. What is annual premium
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What (who) is annual premium - definition


Annual premium equivalent         
MEASURE USED FOR COMPARISON OF LIFE INSURANCE REVENUE
Annual Premium equivalent
Annual premium equivalent (APE) is a measure used for comparison of life insurance revenue by normalising policy premiums into the equivalent of regular annual payments. This is particularly used when the sales contain both single premium and regular premium business.
Annual plant         
SHORTER-LIVED PLANT THAT COMPLETES ITS LIFE CYCLE, FROM GERMINATION TO THE PRODUCTION OF SEED, WITHIN ONE YEAR, AND THEN DIES
Annual plants; Winter annuals; Summer annual; Annual (plant); Annual Plants; Winter annual; Annual herb; Annual (botany); Annual crop

An annual plant is a plant that completes its life cycle, from germination to the production of seeds, within one growing season, and then dies. The length of growing seasons and period in which they take place vary according to geographical location, and may not correspond to the four traditional seasonal divisions of the year. With respect to the traditional seasons, annual plants are generally categorized into summer annuals and winter annuals. Summer annuals germinate during spring or early summer and mature by autumn of the same year. Winter annuals germinate during the autumn and mature during the spring or summer of the following calendar year.

One seed-to-seed life cycle for an annual plant can occur in as little as a month in some species, though most last several months. Oilseed rapa can go from seed-to-seed in about five weeks under a bank of fluorescent lamps. This style of growing is often used in classrooms for education. Many desert annuals are therophytes, because their seed-to-seed life cycle is only weeks and they spend most of the year as seeds to survive dry conditions.

Liquidity premium         
In economics, a liquidity premium is the explanation for a difference between two types of financial securities (e.g.
Examples of use of annual premium
1. The average annual premium for employer–sponsored family coverage is now $12,106.
2. It is offered for an annual premium of SR375 for private cars.
3. The annual premium is about NIS 175, for $100,000–$150,000 worth of coverage.
4. The CIA had been paying only half of the $300 annual premium.
5. Actuaries at Hymans Robertson estimate the annual premium might be as high as ÂЈ1.5bn.