Accountancy, asked by kanchan99t, 7 months ago

what is premium method​

Answers

Answered by akilabanu0805
11

Answer:

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Answered by Angelsonam
11

Answer:

Premium method is a formula that insurance carriers use to calculate the cash surrender value of a life insurance policy. In a broad sense, this method is based on the total value of premiums paid up to the surrender date, net of any expenses or fees that have accumulated to that point.

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