Premiums Received Before the Coverage Period Are Termed

question 7

Multiple Choice

Premiums received before the coverage period are termed

• A)unearned premiums.
• B)lagged premiums.
• C)loss-adjustment expenses.
• D)loss reserves.
• E)policyholder's surplus.

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Definitions:

Negative Connotations

The association of words or phrases with negative feelings, attitudes, or judgments.

Culturally Inappropriate

Actions, expressions, or materials that are offensive or disrespectful to a particular culture's norms, values, or beliefs.

Accusatory

Characterized by or involving accusation; suggesting blame or responsibility for wrongdoing.

Biased Language

Language that is influenced by or shows an inclination towards a particular viewpoint, often lacking neutrality.