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.
When selecting a fixed-rate mortgage, a borrower has to determine how many years to finance the loan.
Do you love wine? Next question: Are you financially confident? This one is a little harder to answer, right?
One of the most robust findings of behavioral finance is that we tend to fear high-profile, low-probability events while...