Accountancy, asked by rishikeshyadav8901, 8 months ago

Gross premium is the net premium plus an amount called

Answers

Answered by Anonymous

Explanation:

The gross premium is the total premium paid by the policy owner, and generally consists of the net premium plus the expense of operation minus interest. A gross premium is the total premium of an insurance contract before brokerage or discounts have been deducted.

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