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.
Maintaining good records for your business not only helps to meet your tax and legal obligations, but it can save you money.
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As winter continues on, there are a few things you can do to prepare for and prevent a costly insurance claim.