Skip to content
AtlasBrokers
FeaturesPricingToolsFind BrokersQ&ADocs
Log inGet Started

Ready to modernize your brokerage?

Join brokerages across Canada using AtlasBrokers to close more deals.

Get started free
AtlasBrokers

The modern platform for insurance brokers in Canada.

Product

  • Features
  • Pricing
  • Docs
  • Developers
  • Changelog

Resources

  • Find Brokers
  • Compare Brokers
  • Q&A
  • Glossary
  • Calculators

Company

  • About
  • Blog
  • Careers
  • Security
  • Status

Legal

  • Privacy Policy
  • Terms of Service
  • Compliance
  • Data Processing
  • Privacy Assessment

© 2026 AtlasBrokers Inc. All rights reserved.

Privacy PolicyTerms of Service
Premium — Insurance Glossary | AtlasBrokers
Glossary/Premium

Premium

The amount of money an insurance policyholder pays to an insurance company for coverage. Premiums can be paid monthly, quarterly, semi-annually, or annually. The cost is determined by factors such as the type of coverage, the insured's risk profile, claims history, and the insurance company's pricing model.

Related Terms

CoverageDeductiblePolicy

Related Guides

Home Insurance in Canada: Complete Guide for Homeowners →Tenant Insurance: Why Renters Need Coverage Too →Home Insurance 101: What Every Canadian Homeowner Should Know →
← Back to Glossary