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
How Long Can Your Business Stay Out of Business?
No business wants to flip that “Closed” sign for long, but there’s coverage for that.
Mastering Mobile Lingo
Do you understand these common mobile slang terms?
Estate Management Checklist
Is your estate in order? This short quiz may help you assess your overall strategy.