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    What Is The Original Insurance Contract Reserve?

    2011/1/25 14:46:00 88

    Original Insurance Contract Reserve


    The original insurance contract reserve includes undue liability reserve, outstanding claim reserve, life insurance liability reserve and long-term health insurance liability.

    reserve


    The term "unearned reserve" refers to the insurer's withdrawal from the non life insurance liability which has not yet been terminated.

    Get ready

    Gold.


    The reserve for outstanding indemnities means that an insurer is extracted from a claim that has not yet been settled in a non life insurance accident.

    Get ready

    Gold.


    The reserve for life insurance refers to the reserve required by the insurer for the life insurance liability that has not yet been terminated.


    The term liability reserve for long-term health insurance refers to the insurer's reserve for the withdrawal of the long term health insurance liability which has not yet been terminated.

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