Exam (elaborations)
AL P&C University of Alabama Study Guide
- Course
- Institution
If a company cancels an auto policy mid-term, the refund will be made on a : A. pro rata basis B. short rate basis C. retroactive basis D. coinsurance basis - Answer- A. Pro Rata Basis What is the term used to describe terminating the insurance relationship at the end of the policy period?...
[Show more]