What Are Boils? A boil is a skin infection that starts in a hair follicle or oil gland. At first, the skin turns red in the area of the infection, and a tender lump develops. After four to seven days, the lump starts turning white as pus collects under the skin.
Past research has suggested that getting married can help lift people out of poverty, which is also called or is known as a âmarriage premium.â However, this new research opposes the marriage premium idea citing that only wealthy menâs earnings benefit from getting married and that marriage would not be an effective poverty alleviation policy.
What is an '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 considered income by 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. Next Up.