Outstanding Premiums
Payments due to an insurance company but not yet paid.
Popular Insurance Terms
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Financial analysis method established by the national association of insurance commissioners (naic) to detect problems of property and casualty insurance companies and life and health ...
Relationship of gains from investments (including realized capital gains) resulting from insurance operations to earned premiums. ...
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Provision found in current assumption whole life insurance policies under which the insurance company retains the contractual right to recalculate the premium (after a minimum period of ...
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Trust established under the auspices of the Internal Revenue Code that permits the maintenance of a separate account within the employer's defined benefit pension plan from which to pay the ...
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Comments for Outstanding Premiums
1) What is Outstanding Premium and how can it be cleared? 2) Can a monthly premium be paid quarterly some of the time?
May 05, 2021 22:03:45Hi Emmanuel! Outstanding premiums are essentially unpaid insurance bills; the only way to clear them is by paying them. As for your second question, that's something you'll have to discuss with your insurance provider. Hope we were of some help!
May 06, 2021 20:02:02Have a question or comment?
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