MLchartDataset catalogue

Unearned premium (UEP) (UP)

Term · Insurance and risk management · MLC-T-INS-003424

The portion of a premium that has been paid by the policyholder but for which the insurance coverage has not yet been provided. This represents a liability for the insurer, as it must be returned to the policyholder if the policy is canceled prematurely. It is recognized as revenue proportionally over the policy period.

Table 1. Record
IdentifierMLC-T-INS-003424
FieldInsurance and risk management
AbbreviationUP
Record as JSON 
{
  "id": "MLC-T-INS-003424",
  "term": "Unearned premium (UEP) (UP)",
  "field": "Insurance and risk management",
  "definition": "The portion of a premium that has been paid by the policyholder but for which the insurance coverage has not yet been provided. This represents a liability for the insurer, as it must be returned to the policyholder if the policy is canceled prematurely. It is recognized as revenue proportionally over the policy period.",
  "abbreviation": "UP",
  "url": "https://mlchart.com/terminology/insurance/unearned-premium-uep-up/"
}

Record 3,522 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.