Question

Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called ____.

A Expense Ratio Correct Answer Incorrect Answer
B Expected Ratio Correct Answer Incorrect Answer
C Coverage Extension Correct Answer Incorrect Answer
D Expense Insurance Correct Answer Incorrect Answer

Solution

Percentage of each premium rupee that goes to insurers expenses including overhead, marketing and commissions is called Expense Ratio.

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