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.
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.
You can plan ahead to protect yourself and your family against the financial consequences of deteriorating health.
Do you know what a Deductible is?
Understanding how a stock works is key to understanding your investments.