The interest amount that is credited to the insurance policy account of an insured over and above the minimum amount...
It stands for earned premium; a portion of an insurance policy's premium that corresponds to the expired part of the...
The percentage of all insurance premiums that are used to pay insurance costs, including those associated with costs of acquiring,...
A portion of an insurance policy's premium that corresponds to the expired part of the policy- that is, that part...
A rating method in insurance that takes into consideration, for establishing a basis of comparability, the amount of loss experienced...
Broadly, it constitutes a change in considerations or benefits under an insurance contract that are applicable to all relevant risk...