die Versicherungsprämie
Translation
insurance premium
Examples
Die Versicherungsprämie ist monatlich fällig.
The insurance premium is due monthly.
Die Höhe der Prämie hängt vom Risiko ab.
The amount of the premium depends on the risk.
Grammar Patterns
to pay an insurance premium We have to pay the insurance premium annually.
Similar Words
Versicherungsbeitrag (insurance contribution)
Etymology
From 'Versicherung' (insurance) + 'Prämie' (premium). 'Prämie' comes from the Latin 'praemium' (reward).
Memory Tips
It's the 'premium' ('Prämie') you pay for your 'insurance' ('Versicherung'). The English and German words are cognates.