Phrases with «unearned premium»

The phrase "unearned premium" refers to the portion of an insurance premium that has been paid in advance but still covers a future period of time. It represents the amount of money that the insurance company hasn't earned yet because the coverage period hasn't ended. Full definition

premium (parent phrase)
unearned (parent phrase)

unearned premium

Sentences with «unearned premium»

It is the more complicated method, and involves examining the portion of unearned premium exposed to loss during the period being calculated. (investopedia.com)
FHA Mortgages closed after July 1, 1991, but before January 1, 2001: The seven - year unearned premium refund schedule shown in Mortgagee Letter 94 - 1 remains in effect. (kentuckyfhaloan.wordpress.com)
You could find anything from how unearned premium is handled to the definition of an intentional act in this endorsement, depending on your state. (effectivecoverage.com)
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Phrases with «unearned premium»

Sentences with «unearned premium»

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