An insurance policy for which the prospective insured has filled out and signed the application, submitted a premium payment, and undergone the medical exam.
Insurance Encyclopedia
Paid claims (Health Insurance)
Under a health plan, the amounts paid to health care providers.
Paid Claims for Health
Amounts paid to providers based on the health plan.
Paid Claims Loss Ratio
Paid claims divided by total premiums.
Paid claims loss ratio (Health Insurance)
A ratio calculated as paid claims divided by total premiums.
Paid for
Insurance for which the premium has been paid.
Paid in Capital
The amount paid for the stock sold by a corporation.
Paid in Surplus
Surplus paid in by stockholders, as contrasted with surplus earned through the operations of a business.
Paid losses
US: Losses and allocated loss adjustment expenses (ALAE) paid to claimants during a financial reporting period.
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The amount paid out in losses during a particular time frame.
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The losses paid as of the valuation date for claims covered by a policy or group of policies attributable to a specific coverage period provided by the policy or policies. (02) Claim amounts paid during a specific calendar year (or period).
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The losses that have been paid for a claim.
Paid losses or claims
The total amount of losses or claims that have been settled during a given period (before adjusting for outstanding claims).