Question
Insurance premiums are payable in advance but the
insurance company does not fully earn them until the policy period expires is termed as?Solution
Earned premium is a pro-rated amount of paid-in advance premiums that has been "earned" and now belongs to the insurer. The amount of the earned premium equates to the sum of the total premiums collected by an insurance company over a period of time.
The ______Edition of Vietnam-India Bilateral Army Exercise “VINBAX 2022” began from 1st August to 20th August, 2022 at Chandimandir, Haryana.
...Which river is a tributary of the Ganga and flows through the city of Lucknow?
Ancient Shiva Temple of Shukratal is situated in which district of Uttar Pradesh?
How much stake did State Bank of India acquire in CCIL IFSC Limited?
What is the main goal of the Raising and Accelerating MSME Performance (RAMP) Scheme?
Indian food delivery giant Swiggy is acquiring ______ food restaurant for $200 million.
Which state's coastal areas has been recognized by UNESCO as to be ready for tsunami?
Which city is known for the historical site of Chunar Fort?
In India, all loans that are below __________ are considered microloans.
Which one of the following is NOT a pillar of Digi-Yatra?
