Plus4 Insurance Graeme Johnstone

About Plus4 Insurance Graeme Johnstone

Category: Finance - Advisors, Consultants, Brokers, Training, Intermediaries

In the insurance world, there are two words you are going to run across often, and these are dividends and premiums. Dividends are the portion of the company's surplus that are distributed to the owners of policies. These are not a guarantee. Premiums are the amount of money that you pay monthly or yearly (depending on your specific plan) that covers the amount your policy costs to keep it in force.