net premium

noun

Legal Definition of net premium

: an insurance premium consisting of the amount required to pay the insurance liability on its becoming due without paying any expenses or contingent charges

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Dictionary Entries Near net premium

net operating loss

net premium

net quick assets

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Cite this Entry

“Net premium.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/net%20premium. Accessed 13 Aug. 2022.

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