Exam DISC-IA Practice Question 10
Study guide: Exam DISC-IA
An insurer writes a one-year policy with an annual premium of $3,650, effective August 1, 2025. Using the daily pro rata method, what earned premium does this policy contribute to calendar year 2025?
- A) $1,216.67
- B) $1,368.75
- C) $1,520.83
- D) $1,530.00
Answer this question and see the worked solution