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
Snapshots
Your life is marked by images. Prepare for the unexpected, so you can keep those pictures going.
10 Most Common and Costly Small Business Claims
Here are the 10 most common claims against small businesses. Are you covered?
Protecting Those Who Matter Most
The importance of life insurance, how it works, and how much coverage you need.