Regardless of an assisted living community's fee structure, when choosing a senior living residence, it is important to consider the quality of care, how the resident adapts to the new environment and the long-term affordability of the community.
When a bond is issued at a premium, that means that the bond is sold for an amount greater than the bond's face value. This generally means that the bond's contract rate is greater than the market rate.
Premium Bonds are simply a savings account you can put money into (and take it out when you want), where the interest paid is decided by a monthly prize draw. You can win between 25 and 1 million, tax-free-or, most likely, nothing. The minimum holding is 100 (or 50 for monthly standing orders) and the maximum is 50,000.