Unearned Premium; to serve without bond

Chinese translation: Unearned Premium:

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:Unearned Premium; to serve without bond
Chinese translation:Unearned Premium:
Entered by: Libin PhD
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13:50 Jul 10, 2000
English to Chinese translations [PRO]
Law/Patents
English term or phrase: Unearned Premium; to serve without bond
It is part of a will. I am not sure what is:
1) \"unearned premium\" as in \"unearned premium on all policies of insurance\"; and

2)\"serve without bond\" as in \"I hereby nominate XXX as Executor of this will to serve without bond\". Any comments will be appreciated.

I do not need a Chinese translation. An explanation in English will do. Thanks!
Jennifer Sadjadi
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.)
Selected response from:

guofeiy
Local time: 13:11
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
naUnearned Premium:
guofeiy
naExact definition of "unearned premium"
guofeiy
na1) Naturally earned premium
guofeiy


  

Answers


4 hrs
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


guofeiy
Local time: 13:11
Native speaker of: Native in ChineseChinese
PRO pts in pair: 14
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5 hrs
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
guofeiy
Local time: 13:11
Native speaker of: Native in ChineseChinese
PRO pts in pair: 14
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5 hrs
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
guofeiy
Local time: 13:11
Native speaker of: Native in ChineseChinese
PRO pts in pair: 14
Login to enter a peer comment (or grade)



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