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.
Damaged property during the claims process shouldn't be thrown away.
Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails?
Business owners may be able to protect themselves from the financial consequences of losing a key employee.