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
What to Ask When Getting an Insurance Quote
Obtaining an insurance quote is something that everyone will likely have to do. But do you know what to ask for yours?
Making Your Tax Bracket Work
Have you explored all your options when it comes to managing your taxable income?
Did You Know This Fact About Night Safety?
Follow this tip to increase your children's visibility at night.