Premium in Tagalog

What is the translation of word Premium in Tagalog/Filipino ?

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Defenition of word Premium

• an amount to be paid for an insurance policy.
• a sum added to an ordinary price or charge.
• something given as a reward, prize, or incentive.

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Other meanings of Premium

• NOUN

  premyo prize award trophy premium compensation stake
  bayad sa seguro insurance premium
  gatimpala premium prize

Examples

Correctly computed, the income of a wage earner entitled to a pension consists of his wages plus the amount of the premium he would have to pay to an insurance company for the acquisition of an equivalent claim.