SOFE
SOFA-CFE · Question #40
What requires the full-term premium for each policy that has not expired at the Annual Statement date be determined?
The correct answer is A. in-force premium method. See the full explanation below for the reasoning.
Question
What requires the full-term premium for each policy that has not expired at the Annual Statement date be determined?
Options
- Ain-force premium method
- Bstability of premium investor
- Cpremium period
- DGross premium rated reinsurance
How the community answered
(36 responses)- A78% (28)
- B8% (3)
- C11% (4)
- D3% (1)
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