The Insurance Calculation - Deepstash

The Insurance Calculation

The calculation for insurance runs like this: The company is profitable when the cost of premiums that we pay is greater than the future claim that we may ask for (having a certain probability).

Cost of Premium > (Cost of claim) x (Probability of claim)

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aniyah_uj

"Money doesn't buy class." ~ Kiana Tom

The idea is part of this collection:

Think Outside The Box

Learn more about moneyandinvestments with this collection

How to challenge assumptions

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