Mode of Premium Payment. Written by admin // June 23, 2011 // Insurance Glossary: E-M, Insurance Terms // Comments Off on Mode of Premium Payment. This is the frequency in which a policyowner elects to pay premiums. Frequency options are typically annual, semi-annual, quarterly and monthly on auto insurance policies.
Peso was a name given in Spain and particularly in Hispanic America to the 8-royal coin or real de a ocho, a large silver coin of the type commonly known as a thaler (dollar) in Europe.It had a legal weight of 27.468 g and a millesimal fineness of 930.5 (25.561 g fine silver).eso was a name given in Spain and particularly in Hispanic America to the 8-royal coin or real de a ocho, a large silver coin of the type commonly known as a thaler (dollar) in Europe.
The Philippine peso (Filipino: piso; sign : â±; code: PHP), also referred to as peso, is the official currency of the Philippines.It is subdivided into 100 centavos (Filipino: sentimo, Visayan: sentabo).As a former colony of the United States, the country used English on its currency, with the word peso appearing on notes and coinage until 1967.t is subdivided into 100 centavos (Filipino: sentimo, Visayan: sentabo). As a former colony of the United States, the country used English on its currency, with the word peso appearing on notes and coinage until 1967.