net premium

noun

: an insurance premium consisting of the amount required to pay the insurance liability on its becoming due without paying any expenses or contingent charges

Dictionary Entries Near net premium

net operating loss

net premium

net quick assets

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Cite this Entry

“Net premium.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/net%20premium. Accessed 27 Apr. 2024.

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