Cost Of Insurance


Definition of "Cost of insurance"

Paul J. Cervone
Paul J. Cervone LaMacchia Realty

Value or cost of the actual net protection, in life insurance, in any year (face amount less reserve) according to the yearly renewal term rate used by an insurance company.

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Popular Real Estate Terms

Asset Valuation

Excess or deficit of gross premium above the pure cost of insurance and expenses. The result becomes the valuation of the asset share of the policyhol ...

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Rate that an insured is charged, reflecting his or her expectation of loss or risk. The insurance company will assume the risk's of the insured (lengt ...

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