Fractional Premium | Insurance Glossary

Definition of "Fractional premium"

John Collinge

Remax Dynamic Properties

Annual premium expressed on a proportionate basis such as monthly, quarterly, or semiannually.

Actual mortality experience of an insured group as compared to the expected mortality for that group ...

Situation where a stock insurer must invade its capital account in order to meet its obligations. Mo ...

Insurance that follows an insured property. ...

Part of a business liability policy that covers an insured for bodily injury or property damage liab ...

(coinsurance) plan where a portion of medical expenses are paid by an insured. Some health insurance ...

Space just below the roof of a house, barn, or other structure. Upper story of a factory or war ...

This calculator figures your principal balance after any number of payments. Input the beginning pri ...

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

The right of a property owner to have and enjoy all of the advantages of property ownership includin ...

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortga ...

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