Earned Reinsurance Premium,
What is The Definition of Earned Reinsurance Premium?
Earned Reinsurance Premium means: The amount of premium allocated for the part of the insurance period passed on time. Insurance premiums are usually paid at the beginning of the basic policy. Insurance acknowledges that premiums will be collected from time to time during the basic policy period.
Literal Meanings of Earned Reinsurance Premium
Meanings of Earned:
Receive (money) for work or services.
Sentences of Earned
I earn £ 10 an hour at the store.
Synonyms of Earned
gross, take home earnings of, take home, be paid, receive a salary of
Meanings of Reinsurance:
A contract in which the insurer transfers all or part of the risk to the other insured to cover the first or the insurance risk.
Sentences of Reinsurance
The event will make it difficult for you to obtain international insurance for your customers
Meanings of Premium:
Amount payable for insurance policy.
Sentences of Premium
If the calculations are correct, the income of a pensionable worker includes the premium in addition to his salary which he has to pay to the insurance company to get equal rights.
Synonyms of Premium
surcharge, recompense, extra amount, reward, insurance payment, prize, bonus, perk, additional fee, instalment, regular payment, extra, extra charge, additional payment, insurance charge, percentage, remuneration