Unearned Premium (UEP),
Unearned Premium (UEP):
The part of the policy premium that the company has not received because there is time to run before the policy expires. Non-life insurers must All non-income premiums must be shown as a liability in their annual accounts, because in the event of termination, the insurer must pay a portion of the initial premium.
Literal Meanings of Unearned Premium (UEP)
Meanings of Unearned:
Accepted or not accepted.
Sentences of Unearned
Meanings of Premium:
Price added to price or general cost.
Something is given as a gift, reward or incentive.
Sentences of Premium
Accurately, the earnings of a pensionable worker must be paid to the insurance company in addition to his salary in order to obtain a claim equal to it.
Avoid paying too much for organic fruits
The Society des Arts gave him a bonus
Synonyms of Premium
additional fee, instalment, surcharge, insurance charge, insurance payment, extra, reward, percentage, perk, remuneration, bonus, extra charge, additional payment, extra amount, regular payment, recompense, prize