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
Can I Refinance My Mortgage?
This calculator can help determine whether it makes sense to refinance your mortgage.
Preparing for the Expected
You can plan ahead to protect yourself and your family against the financial consequences of deteriorating health.
Short Term vs. Long Term Disability Insurance
From covering broken bones to chronic illness, here's what you need to know when it comes to your disability insurance options.