The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

NET PREMIUM Definition & Legal Meaning

Definition & Citations:

In general, any premium with a commission, or expenses, or dividends, or loss coverage subtracted. It is a general term that can have many different meanings. In particular, it is the premium minus agent’s commission, or the premium portion required to pay expected future losses, or the premium amount minus appointed dividends.


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