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    4. Insurance Awareness
    5. In relation to insurance sector, what is the full form of EP?

    Question

    In relation to insurance sector, what is the full form

    of EP?
    A Earned Premium Correct Answer Incorrect Answer
    B Estimated Premium Correct Answer Incorrect Answer
    C Economic Premium Correct Answer Incorrect Answer
    D Employee Premium Correct Answer Incorrect Answer

    Solution

    The full form of EP is Earned Premium. The part of the premium collected by an insurance company against the policy that has been expired is called the earned premium.

    Practice Next
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