P | MIA

Browse through the alphabet and find the definitions for microinsurance terminology.

A (2) | B (2) | C (21) | D (6) | E (3) | G (1) | I (7) | J (1) | L (3) | M (3) | O (1) | P (8) | R (13) | S (10) | T (3) | U (5) | V (1)

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Pay-as-you-go Refers to a system of insurance financing under which total expenditure (benefit expenditure plus administrative expenditure) in a given period is met by income (contributions and other sources) from the same period. Pay-as-you-go financed insurance schemes do not accumulate reserves, except contingency reserves. See Contribution rate Paying member A person paying the contribution due. According to the contribution plan, a paying member may also cover other members of the family as his/her dependents. The record of every paying member must identify all his/her dependents. Per-capita premium The practice of applying a single premium per head across the population. Premium (1) Fee paid by an insured to an insurance company in return for specified benefits. See Contribution. (2) The price of reinsurance, paid by the microinsurer to the reinsurer Premium volume The share of insurance premiums paid in a specific country, expressed as a share (percent) of the global premium amount. Sigma (Swiss Re) published an annual ranking of countries by premium volume. Prevalence The total number of cases or people who have a specified disease, health condition, attribute, or risk factor within a specified population at a specific point in time. Principal See Insured. Pure premium The pure premium can be defined as the average loss per exposure unit for a specific coverage, or more specifically, the product of the average severity and the average frequency of loss. The result is the amount, which the insurance company should collect to cover all the losses to be met under the pre-defined types of coverage. See Contribution rate	circleinteractive	Monday, August 2, 2010 - 10:45
Pay-as-you-go Refers to a system of insurance financing under which total expenditure (benefit expenditure plus administrative expenditure) in a given period is met by income (contributions and other sources) from the same period. Pay-as-you-go financed insurance schemes do not accumulate reserves, except contingency reserves. See Contribution rate Paying member A person paying the contribution due. According to the contribution plan, a paying member may also cover other members of the family as his/her dependents. The record of every paying member must identify all his/her dependents. Per-capita premium The practice of applying a single premium per head across the population. Premium (1) Fee paid by an insured to an insurance company in return for specified benefits. See Contribution. (2) The price of reinsurance, paid by the microinsurer to the reinsurer Premium volume The share of insurance premiums paid in a specific country, expressed as a share (percent) of the global premium amount. Sigma (Swiss Re) published an annual ranking of countries by premium volume. Prevalence The total number of cases or people who have a specified disease, health condition, attribute, or risk factor within a specified population at a specific point in time. Principal See Insured. Pure premium The pure premium can be defined as the average loss per exposure unit for a specific coverage, or more specifically, the product of the average severity and the average frequency of loss. The result is the amount, which the insurance company should collect to cover all the losses to be met under the pre-defined types of coverage. See Contribution rate	circleinteractive	Monday, August 2, 2010 - 10:45
Pay-as-you-go Refers to a system of insurance financing under which total expenditure (benefit expenditure plus administrative expenditure) in a given period is met by income (contributions and other sources) from the same period. Pay-as-you-go financed insurance schemes do not accumulate reserves, except contingency reserves. See Contribution rate Paying member A person paying the contribution due. According to the contribution plan, a paying member may also cover other members of the family as his/her dependents. The record of every paying member must identify all his/her dependents. Per-capita premium The practice of applying a single premium per head across the population. Premium (1) Fee paid by an insured to an insurance company in return for specified benefits. See Contribution. (2) The price of reinsurance, paid by the microinsurer to the reinsurer Premium volume The share of insurance premiums paid in a specific country, expressed as a share (percent) of the global premium amount. Sigma (Swiss Re) published an annual ranking of countries by premium volume. Prevalence The total number of cases or people who have a specified disease, health condition, attribute, or risk factor within a specified population at a specific point in time. Principal See Insured. Pure premium The pure premium can be defined as the average loss per exposure unit for a specific coverage, or more specifically, the product of the average severity and the average frequency of loss. The result is the amount, which the insurance company should collect to cover all the losses to be met under the pre-defined types of coverage. See Contribution rate	circleinteractive	Monday, August 2, 2010 - 10:46
Pay-as-you-go Refers to a system of insurance financing under which total expenditure (benefit expenditure plus administrative expenditure) in a given period is met by income (contributions and other sources) from the same period. Pay-as-you-go financed insurance schemes do not accumulate reserves, except contingency reserves. See Contribution rate Paying member A person paying the contribution due. According to the contribution plan, a paying member may also cover other members of the family as his/her dependents. The record of every paying member must identify all his/her dependents. Per-capita premium The practice of applying a single premium per head across the population. Premium (1) Fee paid by an insured to an insurance company in return for specified benefits. See Contribution. (2) The price of reinsurance, paid by the microinsurer to the reinsurer Premium volume The share of insurance premiums paid in a specific country, expressed as a share (percent) of the global premium amount. Sigma (Swiss Re) published an annual ranking of countries by premium volume. Prevalence The total number of cases or people who have a specified disease, health condition, attribute, or risk factor within a specified population at a specific point in time. Principal See Insured. Pure premium The pure premium can be defined as the average loss per exposure unit for a specific coverage, or more specifically, the product of the average severity and the average frequency of loss. The result is the amount, which the insurance company should collect to cover all the losses to be met under the pre-defined types of coverage. See Contribution rate	circleinteractive	Monday, August 2, 2010 - 10:46
Pay-as-you-go Refers to a system of insurance financing under which total expenditure (benefit expenditure plus administrative expenditure) in a given period is met by income (contributions and other sources) from the same period. Pay-as-you-go financed insurance schemes do not accumulate reserves, except contingency reserves. See Contribution rate Paying member A person paying the contribution due. According to the contribution plan, a paying member may also cover other members of the family as his/her dependents. The record of every paying member must identify all his/her dependents. Per-capita premium The practice of applying a single premium per head across the population. Premium (1) Fee paid by an insured to an insurance company in return for specified benefits. See Contribution. (2) The price of reinsurance, paid by the microinsurer to the reinsurer Premium volume The share of insurance premiums paid in a specific country, expressed as a share (percent) of the global premium amount. Sigma (Swiss Re) published an annual ranking of countries by premium volume. Prevalence The total number of cases or people who have a specified disease, health condition, attribute, or risk factor within a specified population at a specific point in time. Principal See Insured. Pure premium The pure premium can be defined as the average loss per exposure unit for a specific coverage, or more specifically, the product of the average severity and the average frequency of loss. The result is the amount, which the insurance company should collect to cover all the losses to be met under the pre-defined types of coverage. See Contribution rate	circleinteractive	Monday, August 2, 2010 - 10:46
Pay-as-you-go Refers to a system of insurance financing under which total expenditure (benefit expenditure plus administrative expenditure) in a given period is met by income (contributions and other sources) from the same period. Pay-as-you-go financed insurance schemes do not accumulate reserves, except contingency reserves. See Contribution rate Paying member A person paying the contribution due. According to the contribution plan, a paying member may also cover other members of the family as his/her dependents. The record of every paying member must identify all his/her dependents. Per-capita premium The practice of applying a single premium per head across the population. Premium (1) Fee paid by an insured to an insurance company in return for specified benefits. See Contribution. (2) The price of reinsurance, paid by the microinsurer to the reinsurer Premium volume The share of insurance premiums paid in a specific country, expressed as a share (percent) of the global premium amount. Sigma (Swiss Re) published an annual ranking of countries by premium volume. Prevalence The total number of cases or people who have a specified disease, health condition, attribute, or risk factor within a specified population at a specific point in time. Principal See Insured. Pure premium The pure premium can be defined as the average loss per exposure unit for a specific coverage, or more specifically, the product of the average severity and the average frequency of loss. The result is the amount, which the insurance company should collect to cover all the losses to be met under the pre-defined types of coverage. See Contribution rate	circleinteractive	Monday, August 2, 2010 - 10:47
Pay-as-you-go Refers to a system of insurance financing under which total expenditure (benefit expenditure plus administrative expenditure) in a given period is met by income (contributions and other sources) from the same period. Pay-as-you-go financed insurance schemes do not accumulate reserves, except contingency reserves. See Contribution rate Paying member A person paying the contribution due. According to the contribution plan, a paying member may also cover other members of the family as his/her dependents. The record of every paying member must identify all his/her dependents. Per-capita premium The practice of applying a single premium per head across the population. Premium (1) Fee paid by an insured to an insurance company in return for specified benefits. See Contribution. (2) The price of reinsurance, paid by the microinsurer to the reinsurer Premium volume The share of insurance premiums paid in a specific country, expressed as a share (percent) of the global premium amount. Sigma (Swiss Re) published an annual ranking of countries by premium volume. Prevalence The total number of cases or people who have a specified disease, health condition, attribute, or risk factor within a specified population at a specific point in time. Principal See Insured. Pure premium The pure premium can be defined as the average loss per exposure unit for a specific coverage, or more specifically, the product of the average severity and the average frequency of loss. The result is the amount, which the insurance company should collect to cover all the losses to be met under the pre-defined types of coverage. See Contribution rate	circleinteractive	Monday, August 2, 2010 - 10:47
Pay-as-you-go Refers to a system of insurance financing under which total expenditure (benefit expenditure plus administrative expenditure) in a given period is met by income (contributions and other sources) from the same period. Pay-as-you-go financed insurance schemes do not accumulate reserves, except contingency reserves. See Contribution rate Paying member A person paying the contribution due. According to the contribution plan, a paying member may also cover other members of the family as his/her dependents. The record of every paying member must identify all his/her dependents. Per-capita premium The practice of applying a single premium per head across the population. Premium (1) Fee paid by an insured to an insurance company in return for specified benefits. See Contribution. (2) The price of reinsurance, paid by the microinsurer to the reinsurer Premium volume The share of insurance premiums paid in a specific country, expressed as a share (percent) of the global premium amount. Sigma (Swiss Re) published an annual ranking of countries by premium volume. Prevalence The total number of cases or people who have a specified disease, health condition, attribute, or risk factor within a specified population at a specific point in time. Principal See Insured. Pure premium The pure premium can be defined as the average loss per exposure unit for a specific coverage, or more specifically, the product of the average severity and the average frequency of loss. The result is the amount, which the insurance company should collect to cover all the losses to be met under the pre-defined types of coverage. See Contribution rate	circleinteractive	Monday, August 2, 2010 - 10:47

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