Outstanding Premiums


Definition of "Outstanding premiums"

Tracy  Epting real estate agent
Tracy Epting, Real Estate Agent Texas Realty Cafe

Payments due to an insurance company but not yet paid.

 

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Comments for Outstanding Premiums


Owoyemi Emmanuel Owoyemi Emmanuel said:

1) What is Outstanding Premium and how can it be cleared? 2) Can a monthly premium be paid quarterly some of the time?

May 05, 2021  22:03:45

 
Real Estate Agent

Hi Emmanuel! Outstanding premiums are essentially unpaid insurance bills; the only way to clear them is by paying them. As for your second question, that's something you'll have to discuss with your insurance provider. Hope we were of some help! 

May 06, 2021  20:02:02
 
 

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