Premium vs. Deductible: The Seesaw Analogy You Need to Understand
Let’s be honest: Insurance contracts are designed to be boring. They use words like “indemnification” and “actuary” just to confuse us. But there are two words you absolutely must understand before you sign anything: Premium and Deductible. If you get these wrong, you are either overpaying every month, or you’re going to have a heart attack when you actually file…