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
Social Media: #NewestBusinessLiabilityRisk
Social media may be a modern imperative for businesses looking to grow and build their brand, but it also introduces risk.
Acres of Diamonds
In life it often happens that the answers to our most pressing questions are right in our own backyards.
The Lowdown on Those Free Credit Scores
What’s the deal with your yearly free credit report?