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.
Confused about Term or Whole Life Insurance? Discover how they work and, most importantly, how they can work for you.
It's never too early to start thinking about life insurance. Waiting until you're older or in poor health is never a good idea.
Even if you’re young and single, you should still consider protecting yourself.