Home > Term: actuarially sound
actuarially sound
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.
- Jenis Kata: noun
- Industri / Domain: Pertanian
- Kategori: Program & hukum pertanian
- Company: USDA
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