Earned Premium:
The amount of premium that has been used for certain periods of time

Effective Date:
The date on which an insurance binder or policy goes into effect

Endorsement:
A document attached to an insurance policy that changes the original policy provisions

Equipment Floater:
A property insurance coverage for equipment that is often moved from place to place

Estimated Premium:
A preliminary premium amount that could be adjusted based on a variance in exposures

Excess Liability Policy:
A policy that provides additional limits in excess of an underlying liability policy

Exclusion:
A circumstance or peril that is not covered by the policy

Expiration:
The ending date of an insurance policy

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