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Get the free GROSS DIRECT PREMIUM UNDERWRITTEN FOR THE YEAR ENDED September 30, 2013

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PERIODIC DISCLOSURES FORM NL22: GEOGRAPHICAL DISTRIBUTION OF BUSINESS Insurer: Universal Compo General Insurance Company Limited Date : As on 30th September 2013 GROSS DIRECT PREMIUM UNDERWRITTEN
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How to Fill Out Gross Direct Premium Underwritten:

01
Start by obtaining the necessary forms from your insurance provider. These forms typically include an application for underwriting the gross direct premium.
02
Fill out the application form accurately and completely. Provide all the required information about your insurance policy, such as the policyholder's name, policy number, and effective dates.
03
Specify the type of coverage being underwritten. This could include property, liability, or any other types of insurance coverage offered by the provider.
04
Provide detailed information about the insured property or entity. This may include the location, value, and any relevant details regarding the property or business.
05
Declare any additional insured parties if applicable. If there are individuals or entities that should be included as additional insureds under the policy, make sure to provide their information accurately.
06
Calculate the gross direct premium for the policy period. This refers to the total premium amount before any deductions, discounts, or adjustments are made.
07
Double-check all the information provided to ensure accuracy and completeness. Mistakes or missing information may cause delays in the underwriting process.

Who Needs Gross Direct Premium Underwritten:

01
Insurance companies: Underwriting the gross direct premium allows insurance companies to assess the risk associated with insuring a particular property or entity. This information helps determine the premium amount and other policy details.
02
Policyholders: The gross direct premium underwritten is relevant for policyholders who want to obtain coverage for their property or business. By filling out the application accurately, they can ensure the correct premium amount is determined.
03
Insurance agents and brokers: Professionals in the insurance industry assist policyholders in the underwriting process. They help gather the necessary information and ensure it is accurately recorded to facilitate the underwriting of the gross direct premium.
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Gross direct premium underwritten refers to the total amount of premiums received by an insurance company for policies sold during a specific period.
Insurance companies are required to file gross direct premium underwritten as part of their regulatory reporting requirements.
To fill out gross direct premium underwritten, insurance companies must provide details on the total premiums received, broken down by policy type and coverage amount.
The purpose of gross direct premium underwritten is to provide regulators with information on the financial health and performance of insurance companies.
Insurance companies must report details such as the total premiums received, policy type, coverage amount, and any reinsurance arrangements.
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