Monthly Insurance Premium

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
MIP
Pronunciation
/ˈmənθli ˌɪnˈʃʊrəns ˈprimiəm/
Category
Business
Related Field
-1

Examples in Context

  1. His main idea is to convert part of workers'contributions into a fixed monthly payment that would act as a sort of insurance premium.

Other meanings of MIP