Net Premium - Law Dictionary Search Results
net premium
Matched in: Term net premium
net valuation premium
Matched in: Term net valuation premium
pure premium
Matched in: Term pure premium
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reserve
may have already occurred policy reserve : an insurance company's reserve representing the difference in value between the net premiums and assumed claims for a given year in life insurance unearned premium reserve : a reserve of
load
load : an amount added (as to the price of a security or the net premium in insurance) to represent selling expense and profit to the distributor compare no-load
suicide clause
suicide clause : a provision limiting the liability of an insurer to a return of net premiums paid if an insured commits suicide within a stipulated period … suicide clause : a provision limiting the liability of an insurer to a return of net premiums paid if an insured commits suicide within a stipulated period
dividend
dividend 1 : the part of corporate net earnings distributed usually periodically (as quarterly) to stockholders in the form of cash, additional shares, or property either … a mutual insurance company paid to policyholders either in the form of cash disbursements or through reduction of premiums 3 : a payment disbursed to investors from the income of a mutual fund
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