The portion of a policy premium that has been used to actually buy coverage, or that the insurance company has "earned." For instance, if a policyholder has a six-month policy that was paid for in advance, two months into the policy, there would be two months of earned premium. The remaining four months of premium is "unearned premiu [..]

The amount of the premium that has been paid for in advance that has been "earned" by virtue of the fact that time has passed without claim. A three-year policy that has been paid in advance [..]

That portion of a policy's premium that applies to the expired portion of the policy. Although insurance premiums are often paid in advance, insurers typically "earn" the p [..]

The portion of the premium that represents coverage already provided. For example, if an insured paid $600 for a six-month auto insurance policy one month ago, the earned premium on the policy is $100 [..]

Definition The amount of a premium which is considered by the insurance company to have already been earned by them. It is calculated by taking the original premium value, and determining how long the [..]

the difference between the amount of premium paid by the insured and the amount returned to the insured by the insurer upon cancellation of a policy before its term expires

portion of insured's prepaid premium allocated to the insurance company's loss experience, expenses, and profit year- to -date.

The portion of an insurance premium for which protection has already been provided by the insurer.

is the portion of an insurance premium that applies to the expired portion of an insurance policy.

Earned premium is an accounting term in the insurance business, meaning the pro rata portion of a premium, in force during the accounting period, applicable to the expired period of the policy.

The amount of the policy premium used at the time of a cancellation or expiration relative to the policy term. For example, if the policy term is one year then the earned premium at the six month point is 50% of the total premium. This is not an indicator of how much you'll get back if you cancel the policy because the total premium was partia [..]

The portion of the premium which is already paid from an expired policy term.

The portion of a policy premium that has been used to actually buy coverage, or that the insurance company has "earned." For instance, if you have a six-month policy that you paid for in advance, two months into the policy, there would be two months of earned premium. The remaining four months of premium is called unearned premium.

A portion of a payment remaining after an insurance policy has expired.

The amount of premium that has been used for certain periods of time

The portion of a premium that is the property of an insurance company, based on the expired portion of the policy period. For example, an insurance company is considered to have earned 75 percent of a [..]

The portion of premium that applies to the expired part of the policy period. Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expir [..]

This applies when insurance is terminated before the expiry of the insured period. The earned premium is the premium attaching to the period during which the underwriters have been on risk.

The portion of an insurance premium that applies to the expired part of the policy term. Even though customers pay their premiums in advance, the insurance company does not fully earn the premium until their customers’ policy term expires.

The amount of the premium that as been paid for in advance that has been "earned" by virtue of the fact that time has passed without claim. A three-year policy that has been paid in advance and is one year old would have only partly earned the premium.

That portion of a premium for which the policy protection has already been given during the now-expired portion of the policy term.

The portion of premium that applies to the expired part of the policy period. Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expir [..]

This applies when insurance is terminated before the expiry date of the insured period. The earned premium attaching to the period during which the underwriters have been on risk.

That portion of a premium for which the policy protection has already been given during the now-expired portion of the policy term.

The amount of the premium that as been paid for in advance that has been “earned” by virtue of the fact that time has passed without claim. Company fees and State Tax & Stamp Fees are fully earned [..]

Applies when an insurance is terminated before expiry of the insured period. The earned premium is the premium attaching to the period during which the underwriters have been on risk.

The amount of the premium that has been “used” during the term of a policy. For example, if a twelve month policy has been active for six months, half of the total premium has been earned.

The part of the total property/casualty policy premium attributable to the expired portion of the policy period.

The difference between premium paid by insured and the portion the insurance company must return to him if the policy is cancelled during its term; the amount of premium at nay time which pays for the coverage furnish by the insurance company during the expired portion of the policy term.

The amount of premium that has been used for certain periods of time

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

The portion of premium that applies to the expired part of the policy period. Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expir [..]

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

The portion of premium which applies to the period of time under the insurance contract which has already expired.

The portion of the premium that is "consumed" during a partial policy term. If you terminate your policy early, you are only responsible for the earned premium portion (plus expenses), regar [..]

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

The portion of premium that applies to the expired part of the policy period. Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expir [..]

Insurance policies usually run for a period of 12 months. An insured can cancel a policy at any time and request a refund of premium. Therefore, insurers must only take into the books of account that [..]

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

The amount of the premium that as been paid for in advance that has been “earned” by virtue of the fact that time has passed without claim. A three-year policy that has been paid in advance and is one year old would have only partly earned the premium.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

The portion of premium that applies to the expired part of the policy period. Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expir [..]

The portion of premium which applies to the period of time under the insurance contract which has already expired.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

Premium used in an insurance policy. In workers’ compensation, premium is earned as the employer incurs payroll expense.

That part of an insurance premium which pays for the protection the insurance company has already given on a policy.

The portion of a premium which is the property of an insurance company, based on the expired portion of the policy period. For example, an insurance company is considered to have earned 75 percent of [..]

When a premium is paid in advance for a certain time, the company is said to "earn" the premium as the time advances. For example, a policy written for three years and paid in advance would [..]

The portion of the total policy premium that has been “used up” during a policy term.  With a one-year policy, half of the total premium has been earned after six months. 

That portion of a premium for which the policy protection has already been given during the now-expired portion of the policy term.

The portion of premium that applies to the expired part of the policy period. Insurance premiums are payable in advance but the insurance company does not fully earn them until the policy period expir [..]

The value of the portion of a policy’s premium that applies to the expired portion of the policy. Although insurance premiums are often paid in advance, insurers typically earn the premium at an even [..]

That part of the total property/casualty policy premium earned by the insurance company which applies to the expired portion of the policy period.