/ˈsɪŋɡəl ˈpriːmiəm/ – Phrase
Definition: phí bảo hiểm nộp một lần.
A more thorough explanation: Single premium refers to a one-time payment made for an insurance policy or annuity contract, as opposed to multiple payments made over a period of time.
Example: The policyholder opted to pay a single premium for the insurance policy, rather than making monthly payments.