What is a Premium?
Premium
[pree-mee-uh m]
noun
1.
A Premium is the payment made to the insurance company, either monthly or in a lump sum, to purchase insurance. The Premium does not include other costs like copays or deductibles.
Related Content
The Cost of Medical Care
Learn about the risks of not having health insurance in this informative article.
Life Stages That Impact Your Life Insurance Needs
Life is constantly changing, and so are your life insurance needs. Check out the 5 stages and how they change your take on Life.
What is an Adjuster?
Do you know what an Adjuster is?