This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
If you have a comment, suggestion or question please contact us at

Estimated Premium

Amount of premium charged at the time a policy is issued. The estimated premium based on estimated exposures times the negotiated premium rate. This amount may be subject to adjustment during the policy term in case of changes in coverage or additional underwriting information.

Do you need an answer immediately?

Check out our FAQ page!