Economy, asked by poojangrkoti12, 9 months ago

differnce between net premium and gross premium

Answers

Answered by vivekkumargp10

2

Answer:

The net premium value of a policy differs from the policy's gross premium value, which takes into account future expenses. The calculated difference between net premium and gross premium equals the expected present value of expense loadings, less the expected present value of future expenses

Explanation:

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