Earned premiums are the portion of written premiums that

Earned premiums are the portion of written premiums that



A. Apply to the part of the policy period that has already occurred.
A. Are available to generate investment income.
C. Are billed at the beginning of the policy period.
D. Apply to the part of the policy period that follows a loss.


Answer: A. Earned premiums are the portion of written premiums that apply to the part of the policy period that has already occurred.

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