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.
While protection is never a bad thing, you want to make sure the value of the coverage outweighs the added cost.
Good employee health can be great for the company’s bottom line.
This calculator compares the financial impact of leasing versus buying an automobile.