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[N042]

net premium

1) The gross (paid) premium less any return premium or dividend.

2) The premium less the commission.

Copyright: The Rough Notes Company, Inc., 1998, All Rights Reserved. 3040100

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Moran Insurance
696 Ritchie Highway
Severna Park, MD 21146
410-544-3422 | 800-544-3164 | Fax 410-544-6834

info@moraninsurance.com