Diagnostic Medical Sonography 22 July 2015-1 For classes without published meetings times, re gistration in the class must be completed by 11:59 p.m. the day before the class starts. You will find there are many ways to receive acad emic, financial or career assistance to get involved in our community.
Definition of 'gross premium'. gross premium in Insurance (groÊs primiÉm) A gross premium is the total premium of an insurance contract before brokerage or discounts have been deducted. In reinsurance, the primary insurance company usually pays the reinsurer its proportion of the gross premium it receives on a risk.
BREAKING DOWN 'Net Premium'. The net premium value of a policy differs from the policyâs gross premium value, which takes into account future expenses. The calculated difference between net premium and gross premium equals the expected present value of expense loadings less the expected present value of future expenses.