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
Countdown to College
Preparing for college means setting goals, staying focused, and tackling a few key milestones along the way.
Life Insurance Explained
Looking to learn about life insurance? This comprehensive article is a great place to start.
4 Tips to Avoid an Insurance Claim This Winter
As winter continues on, there are a few things you can do to prepare for and prevent a costly insurance claim.