Question
The method used to assess guaranty funds assessments for property and liability insurance firms in which assessment are typically a flat (annual) amount per insurer
The method used to assess guaranty funds assessments for property and liability insurance firms in which assessment are typically a flat (annual) amount per insurer to fund operations of the guaranty association is termed as:
- Prefunded premium based assessments
- Prospective premium based assessments
- Administrative type assessments
Other assessment
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
4th Canadian Edition
0470155353, 978-0470155356
