How To Calculate 25 Minimum Earned Premium
How To Calculate 25 Minimum Earned Premium . If a client cancels a policy under this arrangement, the insurer will only refund the premium above the agreed minimum. Halfway through the year, the insurance company may only consider $500 of that premium payment “earned,” while the remaining $500 may be considered “unearned,” even if you’ve already paid the premium for the year. PPF Maturity Excel Calculator (2021) FREE Download Stable Investor from stableinvestor.com The distinction is important whenever we see the term minimum earned premium. The minimum earned premium can vary widely, which is why it is always important to review any policy before accepting. The earned premium refers to that portion of an insurance policy’s premium that applies to the expired portion of the policy.