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Neil G. McDonald Ltd.
3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9
Phone |
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Hours
Mon-Fri 9-4:30 EST

Earned Premium

The premium for the amount of insurance used. The amount of premium which would pay for insurance from the inception date of the policy until the particular date at which it is desired to calculate the earned premium. It is the expired portion of a premium.