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.
The Value of Insuring Against Life’s Risks
Building wealth requires protection from the forces of wealth destruction.
Buying vs. Leasing a Car
Whatever your relationship with your car, it may eventually come time for a new one. Familiarize yourself with your options.