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
Protecting Yourself & Your Home From Hurricanes
Hurricane season is here, and it's important to be prepared. Ensure that you and your family are ready if disaster strikes and keep your loved ones safe.
Keep Your Life Insurance When You Retire
This article is perfect for those looking to maintain their life insurance or explore alternate options during retirement.
The Best of Both Worlds
Here are a few reasons we’ve chosen to be independent.