What Does Deferred Premiums Mean?

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What does Deferred Premiums mean? Read on to discover the definition & meaning of the term Deferred Premiums - to help you better understand the language used in insurance policies.

Deferred Premiums

Deferred Premiums

Periodic premium payments, usually monthly, at no interest. Used most frequently with casualty coverages.

We hope the you have a better understanding of the meaning of Deferred Premiums.

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