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.
How much do you know about one of the most important tools you have to help protect your and your family’s financial future?
It may help your business be better prepared in the event of the death of a principal or key employee.
Some people may want a more advanced gifting strategy that can maximize their gift and generate potential tax benefits.