3-87 Which Account Refers to the Reserve Set-Aside That Contains

question 63

Multiple Choice

3-87 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.

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Definitions:

Public Image

The perception of an individual, company, or organization held by the public, shaped by various forms of communication media and firsthand experiences.

Sexually Abusing

Engaging in unwanted or forced sexual activities with another individual without their consent, violating their rights and well-being.

Personal Characteristics

Traits or features that define an individual's personality, behavior, and physical attributes.

Common Good

The benefit or interests of all participants or members of a community or society considered as a collective group.