Meaning Assumed expense
What does Assumed expense mean? Below you find one meaning for the word Assumed expense You can also add a definition of Assumed expense yourself

1

0 Thumbs up   0 Thumbs down

Assumed expense


 Refers to the amount of money that will be spent to get a policy into the hands of the policyholder. These costs include items like commissions, underwriting expenses, salaries for company employees, [..]
Source: farmers.com




<< Appurtenant structures Assumed mortality >>