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premium vs insurance premium

insurance premium vs premium

premium and insurance premium both are nouns.

premium is an adjective but insurance premium is not an adjective.

Word NounAdjectiveVerbAdverb
premium Yes Yes No No
insurance premium Yes No No No
As nouns, premium and insurance premium are synonyms defined as:
  • premium and insurance premium: payment for insurance
premium (noun) insurance premium (noun)
the amount that something in scarce supply is valued above its nominal value payment for insurance
payment or reward (especially from a government) for acts such as catching criminals or killing predatory animals or enlisting in the military
payment for insurance
a fee charged for exchanging currencies
a prize, bonus, or award given as an inducement to purchase products, enter competitions initiated by business interests, etc.
premium (adjective) insurance premium (adjective)
having or reflecting superior quality or value; having a higher price or cost
Difference between premium and insurance premium

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