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.
What is Life Insurance? Part 1
Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails?
If a fire forces you out of your home, you can ask for a claim advance.