A loss reserve that is assigned to an individual claim is called a

A loss reserve that is assigned to an individual claim is called a



A. Case reserve.

B. Bulk reserve.

C. Third-party reserve.

D. Deferred reserve.



Answer: A

Comments

Popular posts from this blog

Jim has been arrested for drunk driving. In order to be allowed out of jail before his court date, Jim will most likely need:

James is the insured on a life insurance policy where his age was misstated on the application. Which of the following is CORRECT regarding the death benefit amount?