What is the regular refund if the policy is canceled by the insurance company after 5 months?
Question : What is the regular refund if the policy is canceled by the insurance company after 5 months?
A property insurance policy has an annual premium of $ 780. What is the regular refund if the policy is canceled by the insurance company after five months?
property insurance policy
Best answer:
Answer by girlwhoknowsitstrue
780/12 = monthly premium
monthly premium * 7 months (amount of time left) = refund.
Make sure you find out if there is a cx fee!