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
Accidents
Accidents happen to everyone. We're here to help.
Questions to Ask About Medicare
Take the guesswork out of your IEP or SEP with this helpful article.
Protecting Those Who Matter Most
The importance of life insurance, how it works, and how much coverage you need.