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Earned Premium Explained

In this article on ‘earned premium’ we’ll learn how how insurers record premiums to accurately reflect insurance operations and profitability.

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Wrongful act

Wrongful Act Explained

We often see insurance policy wordings as pages of legalese, difficult to read, and poorly understood. Nevertheless, those wordings are incredibly powerful and every insurance professional and buyer needs to understand them. On a liability insurance policy, the term, ‘WRONGFUL ACT’ is key. It defines the coverage trigger, the event required to activate policy coverage. […]

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