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.
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.
It's never too early to start thinking about life insurance. Waiting until you're older or in poor health is never a good idea.
Curious about alternate insurance options? This article will help you learn the basics of COBRA coverage.
Do you winterize your car? You should consider it.