Paid Business


Definition of "Paid business"

Debbie Wysocki
Debbie Wysocki Keller Williams

Life and health insurance business for which the prospective insured or insureds have signed the application, completed the medical examination, and paid the required premium.

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Popular Real Estate Terms

Preauthorized Check Plan

Plan for the automatic payment of premiums due through drafting by the insurer of the policyowner's preauthorized bank account. Usually, the insurer d ...

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Individuals under common management whose goal is to sell and service insurance. Office may be managed by a general agent or branch manager. ...

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