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single premium

American  

noun

  1. a single payment that covers the entire cost of an insurance policy.


Etymology

Origin of single premium

First recorded in 1875–80

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

The ad-free bundle increases $2 to $21.99, 50 cents more than a single premium subscription.

From Los Angeles Times ● Sep. 23, 2026

At today’s rates, a single premium immediate annuity for a 71-year-old female would get you about $700 a month for every $100,000, according to the age tables at ImmediateAnnuities.com.

From MarketWatch ● Aug. 19, 2026

“A retirement plan sponsor needs to question whether paying higher expenses throughout a person’s entire working career for the ‘opportunity’ to purchase a single premium annuity justifies this additional overall cost.”

From New York Times ● Nov. 13, 2017

Hewitt Ennisknupp, an Aon unit, estimated there were about 200 single premium group annuity deals done last year, worth about $900 million -- just one-third of what had been done even four years previously.

From Reuters ● Jun. 11, 2012

Admitting the correctness of the new method, we must conclude that the present single premium is not sufficiently loaded to cover its own expenses, while the annual payment policy pays more than its just share.

From Scientific American Supplement, No. 787, January 31, 1891 by Various

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