Earned Premium - Law Dictionary Search Results

earned premium

earned premium : the difference between the amount of premium paid by

dividend 1 : the part of corporate net earnings distributed usually periodically (as quarterly) to stockholders in the form … in the form of cash disbursements or through reduction of premiums 3 : a payment disbursed to investors from the income

loss ratio

ratio : the ratio between insurance losses incurred and premiums earned during a given period … loss ratio : the ratio between insurance losses incurred and premiums earned during a given period

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Contribution plan

giving to each policy the excess of premiums and interest earned thereon over the expenses of management cost of insurance and … distributing surplus by giving to each policy the excess of premiums and interest earned thereon over the expenses of management cost

National insurance

is remunerated by a share in the profits or gross earnings of the vessel. (h) Service in H.M. Forces. The Acts … insurance covering both ill-health and unemployment, which is based upon premiums contributed in part by the employer, in part by the

Income

698. The word 'income', ordinarily in normal sense, connotes any earning or profit or gain periodically, regularly or even daily in … would not, however, be wrong to say that prima facie premium or salami is not income and it would be for

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