Premium Tax

Definition of "Premium tax"

Payment to a state or municipality by an insurance company based on premiums paid by residents.

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Related Real Estate Glossary terms

Per Stirpes

Type of property distribution occurring when a person dies intestate. The estate id divided by the c ...

Mortality Adjustment

Additions or subtractions of a mortality table to reflect changing levels of mortality due to advanc ...

Rated Policy

Statement in which a life insurance applicant is charged a higher-than-standard premium to reflect a ...

Finder's Fee

Amount paid to a person or business for bringing the parties together in a business arrangement. The ...

Occupancy Agreement, Limited

An agreement allowing occupancy of a premises for a stated period of time provided certain terms a ...

Perch

Land surveying measurement that is 16.5 feet in length, or 5 1/2 yards. A perch is also called a rod ...

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