For the insurance company also gets to hold that premium income until the insured losses need to be paid.

FORBES: Explaining Warren Buffett's Career In One Paragraph

An FHA insured loan would charge you a monthly insurance premium.

NPR: Time for Renovation at the FHA?

Also, keep in mind, 66.7 million consumers are insured by a company that provides the required value for their premium dollars, the government said.

FORBES: Most Consumers Will Not Receive a Health Insurance Refund

Economists at Citigroup reckon that a fund ought to start with a baseline of 2% of insured deposits, and then top up that amount with an additional premium to reflect the risk that peripheral countries may leave the euro and that their currencies would then depreciate.

ECONOMIST: Preventing a big European bank run

So, what this bank levy does is, essentially, charge an insurance premium for the insurance coverage on offer: and charges it only on those deposits which are not already insured and paying an insurance fee under other schemes.

FORBES: Taxing Bank Profits: I Wish People Would Understand This