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
Making Your Tax Bracket Work
Have you explored all your options when it comes to managing your taxable income?
Disability Income
This calculator estimates your chances of becoming disabled and your potential need for disability insurance.
Life Stages That Impact Your Life Insurance Needs
Life is constantly changing, and so are your life insurance needs. Check out the 5 stages and how they change your take on Life.