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.
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.
There are many considerations when purchasing family life insurance. Make sure your family understands these life insurance mistakes and how to avoid them.
In the event of an unforeseen accident or illness, disability insurance may be a good way to protect your income and savings.
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