UNEARNED PREMIUM

UNEARNED PREMIUM

UNEARNED PREMIUM

The portion of a premium already received by the insurer under which protection has not yet been provided. The entire premium is not earned until the policy period expires, even though premiums are typically paid in advance.

« Back to Glossary Index

CONTACT US FOR YOURLOW RATE QUOTE

  • captcha

connect with us

SUBSCRIBE newsletter

Translate »