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
Is Your Insurance Santa Proof?
The holiday season isn't complete until you've watched your favorite Christmas movie. Consider how the aftermath of these favorite movie mishaps would play out in real life.
What to Look for in Personal Finance Apps
An increasing number have been developed to help individuals with their personal finances.
Retiring Wild: National Parks and You
Get ready to enjoy America’s national park system with this helpful article.