ARE INSURANCE PREMIUMS TAXABLE? An insurance premium is the amount of money charged by a company for active coverage. (Click to Read our previous post for more details) The sum a person pays in premiums, also referred to as the rate, is determined by several factors, including age, health, and the area a person lives […]
ARE INSURANCE PREMIUMS REGULATED? What are insurance premiums? An insurance premium is the amount of money charged by a company for active coverage. The sum a person pays in premiums, also referred to as the rate, is determined by several factors, including age, health, and the area a person lives in. People pay these rates annually or […]