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
If a Tree Falls
This handy video helps you stay prepared in case a fallen tree has damaged your house.
Understanding the Basics of Medigap Policies
Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.
Protecting Those Who Matter Most
The importance of life insurance, how it works, and how much coverage you need.