Under which method of calculating unearned premium reserves, the amortization procedure uses the written premiums for the full term of the policy, or for any additional premium paid.
Ah, the age-old question of unearned premium reserves. I'm going with 'In-force' - it just has that 'I mean business' vibe to it, you know? Plus, who doesn't love a good amortization procedure?
I was thinking 'Direct' since it seems to be the most straightforward approach, but 'In-force' does sound like it aligns better with the description provided. Hmm, tough call.
The amortization procedure using the written premiums for the full term of the policy sounds like the 'In-force' method to me. That makes the most sense in calculating unearned premium reserves.
Michell
2 days agoLamonica
2 days agoEliz
3 days agoRonny
5 days agoKerry
12 days ago