Insurance

What is a Premium?

Premium

[pree-mee-uh m]

noun

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.

Have A Question About This Topic?

The Richest Man in Babylon

In good times and bad, consistently saving a percentage of your income is a sound financial practice.

How Long Can Your Business Stay Out of Business?

No business wants to flip that “Closed” sign for long, but there’s coverage for that.