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
Snapshots
Your life is marked by images. Prepare for the unexpected, so you can keep those pictures going.
The A, B, C, & D of Medicare
Learn about all the parts of Medicare with this informative and enjoyable article.
Long-Term-Care Protection Strategies
The chances of needing long-term care, its cost, and strategies for covering that cost.