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.
If you just recently married, then it may be time to take another look at your insurance policies to see where you can save money.
Creating an inventory of your possessions can save you time, money and aggravation in the event you someday suffer losses.
Even if you’re young and single, you should still consider protecting yourself.