Difference between revisions of "Actuarially sound"

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(Created page with "The financial goal of any insurance program (including the federal crop insurance program) is to operate on an actuarially sound basis; that is, total premiums collected should m...")
 
 
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The financial goal of any insurance program (including the federal crop insurance program) is to operate on an actuarially sound basis; that is, total premiums collected should more than offset total indemnities paid out.  
 
The financial goal of any insurance program (including the federal crop insurance program) is to operate on an actuarially sound basis; that is, total premiums collected should more than offset total indemnities paid out.  
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[[Category: Agriculture]]
 
[[Category: Agriculture]]
 
[[Category: Political Science]]
 
[[Category: Political Science]]

Latest revision as of 15:59, 12 October 2021

The financial goal of any insurance program (including the federal crop insurance program) is to operate on an actuarially sound basis; that is, total premiums collected should more than offset total indemnities paid out.


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