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Professionals: Short-term » Knowledge Base
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Knowledge Base
 | TSUNAMI |
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Is there cover for a South African tsunami? Author Pearson, R. Published in COVER Magazine February 2005. Rod Pearson examines cover under South African policies for tsunami caused by Earthquake, Volcanic Eruption, Convulsions of Nature, Submarine Landslide and Meteorite. |
| Tsunami cover on Multimark III Michael Chronis of Deneys Reitz takes a look at the scope of cover for Tsunami under the Multimark III policy. Published March 2005. File size 34 KB. |
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From The Glossary » | Cancellation, Short Rate: |
| | A cancellation on which the earned premium is calculated at a ratio higher than the proportion that the elapsed period bears to the full policy term. For example, an annual policy in force for six months may have a short rate earned premium of 60% of the annual premium. | | More Definitions » |
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