Which Account Refers to the Reserve Set-Aside That Contains the Portion

question 85

Multiple Choice

Which account refers to the reserve set-aside that contains the portion of a premium that has been paid before insurance coverage has been provided?

• A)Unearned premiums.
• B)Prepaid premiums.
• C)Premium reserves.
• D)Policy reserves.
• E)Outstanding premiums.

---

Definitions:

Marketing Metric

Quantitative measures used to track the performance and effectiveness of marketing activities against predefined targets or benchmarks

Gantt Chart

A visual project management tool that outlines tasks or activities against time, helping in scheduling and tracking project progress.

Marketing Program

A strategic plan that combines all marketing goals and tactics into one comprehensive, cohesive approach aimed at promoting a product or service.

Evaluation Phase

A stage in a project, campaign, or experiment where outcomes are assessed to determine their effectiveness or value.