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
5 Key Points for Choosing a Life Insurance Policy
While price is a big factor, there are other important factors to consider when choosing the right life insurance policy for you.
Did You Know This Fact About Night Safety?
Follow this tip to increase your children's visibility at night.
Life Insurance Explained
Looking to learn about life insurance? This comprehensive article is a great place to start.