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
Questions to Ask About Medicare
Take the guesswork out of your IEP or SEP with this helpful article.
Insurance Needs Assessment: When You're Young and Single
Even if you’re young and single, you should still consider protecting yourself.
Did You Know This Fact About Trampolines?
Trampolines cause thousands of injuries per year.