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
COBRA Coverage
Curious about alternate insurance options? This article will help you learn the basics of COBRA coverage.
What Does Boat Insurance Cover?
Learn the basics of boat insurance, including what it is, what it covers, and why you may want to consider protecting your watercraft against accidents.
Raising Healthy Children
Healthy habits are one of the greatest gifts to give your child.