How Do You Spell NATURAL PREMIUM?
Pronunciation: [nˈat͡ʃəɹə͡l pɹˈiːmi͡əm] (IPA) 
Pronunciation: [nˈat͡ʃəɹə͡l pɹˈiːmi͡əm] (IPA)
Natural premium refers to the inherent value or advantage of a product or resource, derived from its natural state or properties. It describes the premium that is placed on goods or services that are derived directly from nature, without any artificial or synthetic alterations or additives.
The term can be applied to various contexts, such as organic or naturally grown food, renewable energy sources, or sustainably sourced materials. It underscores the idea that products or resources in their purest and unadulterated form often possess significant worth, desirability, or superiority in comparison to those that have undergone chemical or industrial processing.
In the realm of food, natural premium refers to the preference for organic or naturally grown produce, which abstain from the use of synthetic pesticides, hormones, or fertilizers. Such products are generally considered to be healthier, safer, and environmentally friendly, leading to an increased market demand.
Regarding energy sources, natural premium pertains to renewable sources like solar, wind, or hydroelectric power compared to non-renewable fossil fuels. Renewable energies are recognized for their lower environmental impact, as they do not produce harmful emissions or contribute to climate change, thus positioning them as a more desired and sustainable option.
Similarly, in the context of materials, natural premium signifies the value attributed to sustainably sourced or harvested resources, such as timber or natural fibers. This ensures the preservation of ecosystems, biodiversity, and reduces the negative ecological consequences associated with industrial-scale extraction or production methods.
Overall, the concept of natural premium points towards the increasing recognition and demand for products and resources that embrace and capitalize on their innate natural qualities or origin.
A p. representing the actual current cost of the policy, and therefore increasing in amount each year as the insured advances in age; insurance under this plan is called step-rate insurance and the policy is equivalent to a yearly renewable term policy.
A practical medical dictionary. By Stedman, Thomas Lathrop. Published 1920.
