Exam (elaborations)
Louisiana Pre-Licensing for Property and Casualty Insurance Chapter 2 Questions and Answers
- Course
- Institution
Depreciation reduction in value, particularly due to wear and tear Earned premium the portion of premium paid in advance that now belongs to the insurer because it applies to the elapsed part of the policy Exposure units used as a measure of the rating units or the premium base of a risk (exposur...
[Show more]