IPTM7605 - Part surrenders and assignments: periodic calculations: calculation required
Where there has been a part surrender or a part assignment of a policy or contract during an 바카라 사이트˜insurance year바카라 사이트™ - see IPTM3505 - certain calculations need to be performed at the end of that year in order to determine whether an excess event or a part surrender or assignment event has arisen. These are explained at IPTM3560.