What Does Account Current Mean?
What does Account Current mean? Read on to discover the definition & meaning of the term Account Current - to help you better understand the language used in insurance policies.
Account Current
Account current refers to the financial report issued to an insurance agent by the insurance company. It contains the transactions made in a certain period of time. These transactions involve the premium payments, commissions, approved policies, and cancelled policies.
We hope the you have a better understanding of the meaning of Account Current.
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