Question

An amount of premium for which payment has been made by

Q: Answer-An amount of premium for which payment has been made by the policyholder but coverage has not yet be...

Unearned premium is the premium corresponding to the time period remaining on an insurance policy. These are proportionate to the unexpired portion of the insurance and appear as a liability on the insurers balance sheet, since they would be paid back upon cancellation of the policy.

the policyholder but coverage has not yet been provided is known as?

A Universal Life Insurance

B Unauthorized Reinsurance

C Unearned Premium

D Unpaid losses

E None of these

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An amount of premium for which payment has been made by

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