Adjusted Premium vs. Earned Premium? What do respectively of the language close-fisted surrounded by regard to condition Insurance Industry?


Answers: Adjusted Premium: Premium changes do to additions or subtractions of coverage during policy term.

Earned Premium: The portion of the premium for which policy protection have already been given during the the now-expired portion of the policy term.

Clear as mud eh? Source(s): http://ohio-insurance-forum.blogspot.com…


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