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Is net premium written gross premium written less net ceded premium meaning gross ceded premium less ceding commission?
Net Premiums written = Gross Written premium less deductions for commissions and ceded reinsurance.
What is indeterminate premium life insurance?
Indeterminate premium life insurance is a type of whole life insurance that specifies two premium rates: a guaranteed maximum, and a lower rate you actually pay. The lower premium level is for a set period of time. Then the company establishes a new rate that may be higher or lower than the initial premium. But your premium can never be more than the guaranteed maximum.
What are other wordsmfor premium?
Synonyms for premium include choice, prime, superior, exceptional, select, and selected.
Why would you buy second life?
The purchasing of a premium membership in Second Life has the following benefits: Allows a resident to own Linden Land and receive a Linden home. Allows access to premium goods and services not available to basic membership residents. Grants access to premium sandbox's. Provides extended customer support including live chat sessions. Provides a weekly stipend payment of Linden dollars.
When should a business be divested?
when shareholders would be beter served if the company sells the buisness for a generous premium.
What is a Seven letter word for insurance payment?
premium
What happens if you are late in paying your premium in MetLife?
They may send you a letter saying that your payment is late.
What is the formula for annual premium?
Annual Premium= Annual Base Premium * Driver-Rating Factor To get annual base premium the formula is... Annual base Premium= Liability Premium + Collision Premium + Comprehensive Premium.
How would you use premium in a sentence?
"These sausages are Premium grade" Premium=Grade A
What makes the premium edition of a love letter stand out from the standard versions available on the market?
The premium edition of a love letter stands out from standard versions by offering enhanced features such as high-quality paper, unique designs, personalized touches, and possibly additional sentimental elements that make it more special and memorable.
What is target premium?
Target premium is the amount that the agent's commission is based off of. It is neither the planned premium or minimum premium to keep the policy in force. Sometimes called the "commissionable premium."
What is gross premium car insurance?
Gross Premium is the Total premium indicated to be charged.
Is getting premium on tribal wars free?
no, you have to pay for premium points to become premium
Net single premium and loading compute gross premium. How?
net single premium
What best describes gross annual premium?
In fact, gross annual premium includes tax element including service tax charged on premium amount.
How do you find out if you have won with a Premium Bond if you have lost the Premium Bond information?
I HAVE LOST THE PREMIUM BOND INFORMATION
Calculation of unearned premium?
Unearned Premium = Policy Preimum - (Policy Premium * (No of Days Elapsed / 365))
