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.
The importance of life insurance, how it works, and how much coverage you need.
While price is a big factor, there are other important factors to consider when choosing the right life insurance policy for you.
Claims can be left open as long as you need.