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
The Wild West of Data Theft
Learn about cyber liability insurance in this entertaining video.
The Business Cycle
Understanding the economy's cycles can help put current business conditions in better perspective.
Accidents
Accidents happen to everyone. We're here to help.