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.
What is a Premium?
Have A Question About This Topic?
Related Contents
Coaches
Coaches have helped you your whole life, in ways big and small. We’d like to be one of them.
Did You Know This Fact About Roof Safety?
A roof harness is essential if you're up on the roof making repairs.
Long-Term-Care Protection Strategies
The chances of needing long-term care, its cost, and strategies for covering that cost.