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Earned premium

Earned premium - Definition The portion of a policy's Premium that applies to the expired portion of the policy is called earned premium. Although insurance premiums are often paid in Advance , insurers typically "earn" the premium at an even Rate throughout the policy term. This

What is Earned premium?

Earned premium - Definition The portion of a policy’s Premium that applies to the expired portion of the policy is called earned premium. Although insurance premiums are often paid in Advance , insurers typically “earn” the premium at an even Rate throughout the policy term. This

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