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
Bi-Weekly Payments
This calculator estimates the savings from paying a mortgage bi-weekly instead of monthly.
12 Days of Saving Tips
Having a set of savings tips to refer to can help make your short-term and long-term financial outlook merry and bright.
The Basics of Investing
What’s the connection between cars and financial management?