What Does Premiums Earned Mean?

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

Premiums Earned

Premiums Earned

the portion of premium for which the policy protection or coverage has already been given during the now-expired portion of the policy term.

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

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