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
Split Annuity Strategy
Here's one strategy that combines two different annuities to generate income and rebuild principal.
Charitable Giving: Smart from the Heart
Do you have causes that you want to support with donations?
A House Divided
By understanding a few key concepts during a divorce, you may be able to avoid common pitfalls.