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'
Jokes aside, an insurance premium is just a fancy industry term to describe the price you pay for insurance coverage for a given period of time, whether itâs one month, six months, or an entire year. Many people will interchangeably use the term âinsurance rate,â as in, âmy insurance rate is way too high!â.