GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:50 Jul 10, 2000 |
English to Chinese translations [PRO] Law/Patents | ||||
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| Selected response from: guofeiy Local time: 08:13 | |||
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Summary of answers provided | ||||
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na | 1) Naturally earned premium |
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na | Exact definition of "unearned premium" |
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na | Unearned Premium: |
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1) Naturally earned premium Explanation: I prepared some context for you as below, hope they will be helpful when you try to get the meanings of those terms. 1)unearned premium |
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Exact definition of "unearned premium" Explanation: Primary Insurance: Insurance that pays compensation for a loss ahead (first) of any other insurance coverage's the policyholder may have. Reference: http://www.morris-reynolds.com/Glossary/gloss-p.htm |
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Unearned Premium: Explanation: Unearned Premium: The portion of a premium that a company has collected but has yet to earn because the policy still has time to run (Sorry for sending you a wrong term and definition.) Reference: http://www.morris-reynolds.com/Glossary/gloss-u.htm |
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