Question

what is premium_____?​

Answer 1

$\huge{\underline{\underline{\mathfrak{Answer}}}}$

Premium paying term is the total number of years for the policy holder to pay the premium. Policy term is normally equal to the premium paying term. However, some insurance policies give the insured the autonomy to choose a premium paying term lower than the policy term.

Answer 2

$Premium$

a promotional item that can be received for a small fee when redeeming proofs of purchase that come with or on retail products