Prepaid Insurance

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Dictionary Says

Definition of 'Prepaid Insurance'

Payments that are made in advance for insurance services or coverage. The period for which insurance is prepaid is generally one year, but may exceed a year in certain cases. Prepaid insurance that expires in a year is classified as a current asset on a corporation's balance sheet.  
Investopedia Says

Investopedia explains 'Prepaid Insurance'

Unless a claim has been made, prepaid insurance is usually renewable by the policy-holder shortly before the expiry date on the same terms and conditions as the original insurance contract. However, the premiums may be marginally higher to account for inflation and other operating factors.

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'Prepaid Insurance'

  • The Last States With Prepaid Tuition Plans - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0311/The-Last-States-With-Prepaid-Tuition-Plans.aspx
    ... The Last States With Prepaid Tuition Plans. Posted ... IN PICTURES: 6 Ways To Fund
    A College Education What's a Prepaid Tuition Plan? Prepaid ...

  • 8 Ways To Avoid Getting Burned By Prepaid Debit Cards ...

    http://financialedge.investopedia.com/financial-edge/0311/8-Ways-To-Avoid-Getting-Burned-With-Prepaid-Debit-Cards.aspx
    ... 8 Ways To Avoid Getting Burned By Prepaid Debit Cards. ... Here's how to avoid unexpected
    fees and other problems that can arise when using a prepaid debit card. ...

  • What Is A Cash Flow Statement?

    http://www.investopedia.com/articles/04/033104.asp
    ... added to net sales. The same logic holds true for taxes payable, salaries
    payable and prepaid insurance. If something has been paid ...

  • Variable Prepaid Forward Contract: Scam Or Safety Net?

    http://www.investopedia.com/articles/stocks/09/variable-prepaid-forward-contract.asp
    Variable Prepaid Forward Contract: Scam Or Safety Net? ... They all engaged in complex
    stock sales know as variable prepaid forward contracts. ...

  • Is it possible for a company to have a positive cash flow and a ...

    http://www.investopedia.com/ask/answers/05/060105.asp
    ... Suppose the company recorded $200,000 in depreciation for the year, used up $100,000
    of prepaid expenses (such as insurance premiums) and wrote off $150,000 of ...

  • Prepaid "Credit" Cards: Convenience At A Cost

    http://www.investopedia.com/articles/pf/09/prepaid-cards-convenience-at-a-cost.asp
    Prepaid "Credit" Cards: Convenience At A Cost. ... However, they also have a severe downside.
    In this article we'll look at the pros and cons of prepaid cards. ...

  • Buying A Home: Write An Offer | Investopedia

    http://www.investopedia.com/university/home/home7.asp
    ... Also, a closing date at the end of the month will reduce the amount of cash
    you need to close the deal because of prepaid interest. ...

  • 529 Plans: Types Of Plans | Investopedia

    http://www.investopedia.com/university/retirementplans/529plan/529plan1.asp
    ... of 529 plans: Prepaid tuition programs, which may be offered by the state
    of an eligible educational institution. Prepaid tuition ...

  • Choosing The Right 529 Education Savings Plan

    http://www.investopedia.com/articles/retirement/04/072104.asp
    ... Child's Education.) Two Types of 529 Plans Before choosing a 529 plan, be aware
    of the two major types: the college savings plan and the prepaid tuition program ...

  • Primerica Not That Independent

    http://stocks.investopedia.com/stock-analysis/2010/Primerica-Not-That-Independent-PRI-C-LM-MET-AMP0805.aspx
    ... business segments. A third corporate segment provides loans, prepaid legal
    services, and other insurance products sales. Its mutual ...

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