Net rate,
Definition of Net rate:
The amount of a premium after the dividends appointed to pay it have been deducted. This term can also refer to the rate found in a rate book for a nonparticipating policy.
Meaning of Net rate & Net rate Definition
The amount of a premium after the dividends appointed to pay it have been deducted. This term can also refer to the rate found in a rate book for a nonparticipating policy.
Meaning of Net rate & Net rate Definition