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.
How Pre-Existing Conditions Affect Life Insurance
If you’re considering life insurance but have a pre-existing condition, you may want to check out the facts before automatically assuming you'll only receive low-quality or expensive coverage.
Protecting Those Who Matter Most
The importance of life insurance, how it works, and how much coverage you need.