Short Rate Cancellation


Definition of "Short rate cancellation"

Oscar  Velez
Oscar Velez John R. Wood Properties

Cancellation by the insured of a property or disability insurance policy for which the returned unearned premium is diminished by administration costs incurred when the insurance company placed the policy on its books.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ