What Does Premiums Earned Mean?
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
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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