It refers to items such as interest paid on proceeds from the date due to the date actually disbursed, and to interest on premium deposit funds. These interest items are reflected by the increase in reserves or liability, from one year to the next. What is it?
Financial Statements provide additional valuable information on the loans. Some of the more significant information provided includes EXCEPT:
The agents submit to the insurance entity a statement of all policies issued or due during the current month, and the net amount of the statement is subsequently to be paid in accordance with the agency agreement, is an account current of:
Lines of insurance in which claims are settled relatively quickly are called: