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AzJose AzJose
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6 years ago
Reasons for the unearned premium reserve include which of the following?
I.   To pay losses that occur during the policy period.
II.   To pay premium refunds to policyholders in the event of cancellation.
A) I only
B) II only
C) both I and II
D) neither I nor II
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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wrote...
6 years ago
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AzJose Author
wrote...
5 years ago
Correct and thanks!
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