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premium definition finance pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures
In finance, Premium refers to an amount paid over and above the face value of a security or the regular cost of insurance. Types include call, put, and insurance premiums. Written Premium in insurance is the initial amount paid for coverage. Automatic Premium Loan allows policyholders to borrow funds to pay premiums. Premium Bonds are UK government savings bonds with prize draw features.

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