Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
UNEARNED PREMIUM RESERVE Definition & Legal Meaning
Definition & Citations:
A reserve held out of premium. This is the amount needed to cover losses before maturation.
This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.