Gross Premium

What is Gross Premium?

A definition of gross premium is: Net (insurance) premium plus loading for expenses and contingencies; i. More details on the Encyclopedia.e. More details on the Encyclopedia., the net premium represents the cost of insurance.[1]

Resources

Notes

1. “Gross Premium” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)

See Also