Actually, it is a protist and it gets nutrients from photosynthesis. Yep, kelps are seaweeds, but they are actually from the Kingdom Protista (i.e. protists). They belong to the Class Phaeophyceae which are protists, not plants (although clearly, they are plant like).
What is 'Insurance Premium' An insurance premium is the amount of money that an individual or business must pay for an insurance policy. The insurance premium is income for the insurance company, once it is earned, and also represents a liability in that the insurer must provide coverage for claims being made against the policy. BREAKING DOWN 'Insurance Premium'
Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is typically the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.