Premium Tax


Definition of "Premium tax"

Jim Zachar
Jim Zachar Coldwell Banker Hedges Realty

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

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Self Insurance

Protecting against loss by setting aside one's own money. This can be done on a mathematical basis by establishing a separate fund into which funds ar ...

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Same as term : Self Insurance: protecting against loss by setting aside one's own money. This can be done on a mathematical basis by establishing a se ...

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Addition to the pure cost of insurance that reflects agent commissions, premium taxes, administrative costs associated with putting business on an ins ...

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