A portion of the premium returned to a policy owner as a result of cancelation, rate adjustment, or a calculation that an advance premium was in excess of the actual premium.

The amount due the insured if the actual cost of a policy is less than what the insured has previously paid—for example, if the limits are reduced, the estimated exposure at inception is greater tha [..]

References the additional return generated by investing in securities with certain fundamental factors (or attributes) that have shown persistent outperformance over long periods.

Premium that has been paid to an insurer but which has not been earned and is returned to the insured when the policy is canceled or the terms of the policy are changed, thus reducing the amount of premium due.

The amount of premium that is returned to you by an insurance carrier after a policy is cancelled during the policy period.

The amount of premium due the insured should the actual cost of a policy be less than the insured previously paid

Amount received by the policyholder if the policy is canceled, benefits are reduced, or the premium is reduced.

A refund to the insured, generally as a result of cancellation, or reduction in insurance amount.

The amount of premium due the insured should the actual cost of a policy be less than the insured previously paid

The amount of premium due the insured should the actual cost of a policy be less than the insured previously paid