Premium Refund

  • 3 Posts
  • 1 Sections
  • 1 Types
October 5, 2023 5 min read Definitions
Understanding Return Commission in General Insurance Terms
Finance Insurance Business Ethics Insurance Return Commission General Insurance Policy Cancellation Premium Refund
Learn about return commission in general insurance, a situation where a portion of the commission is returned if a policy is cancelled before the entire premium is earned.
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October 4, 2023 4 min read Definitions
Understanding Dividends in General Insurance Terms
Insurance Terms Financial Benefits Insurance Policies Insurance Dividends Premium Refund Stockholder Surplus Policy Benefits
Learn about dividends in general insurance terms, where an insurer returns part of the premium paid by an insured for a policy or part of a surplus paid to stockholders.
Read more about Understanding Dividends in General Insurance Terms.
October 4, 2023 5 min read Definitions
Understanding Premium Refund in Life Insurance Policies
Finance Insurance Personal Finance Life Insurance Premium Refund Insurance Policies Beneficiary Provisions Financial Planning
Learn about the Premium Refund provision in life insurance, which allows beneficiaries to receive the policy's face amount and the total premiums paid.
Read more about Understanding Premium Refund in Life Insurance Policies.

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