Flat Extra Premium
Definition of "Flat extra premium"
Certain fixed payment made in addition to the regularly scheduled premium.
Popular Insurance Terms
Rating method for commercial fire insurance according to a predetermined schedule. Published by A. F. Dean in 1902, this method was the first comprehensive qualitative analysis procedure to ...
Maximum that an insurance company can underwrite. The limits of coverage that a property and casualty company can underwrite are determined by its retained earnings and invested capital. ...
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Business involved in buying and selling securities and mutual funds. ...
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