What is the formula to calculate premium with different way
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The currency in the denominator: The difference is the risk premium. Still, there are ways to lower your premiums.
When premium is calculated several questions emerged simultaneously.
The premium for od cover is calculated as a percentage of insurance declared value or idv (market price of your car less depreciation, as per the chart given below). Market risk premium = 1.5%; The net premium calculation is based on the net loss function. For east malaysia, the basic premium for a new car of each category =
