Exam DISC-IA Practice Question 20
Study guide: Exam DISC-IA
Which of the following is recorded as statutory written premium of calendar year 2025?
- A) Additional premium for an endorsement effective November 15, 2025
- B) Premium received in December 2025 for a policy effective January 15, 2026
- C) A flat service charge for paying a 2025 policy's premium in installments
- D) A ceding commission received in 2025 from a quota share reinsurer
Answer this question and see the worked solution