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.
Start planning for their financial futures by following a few helpful guidelines.
Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.
Dive in deep to learn about the various types of annuities, how they work, and when they might be right for you.