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Insurance

Apa itu Klausul Reinstatement?

Klausul Reinstatement A provision in insurance or reinsurance contracts that specifies the terms under which coverage is restored after a claim payment, typically requiring an additional premium. Most common in catastrophe reinsurance, it allows for the policy limit to be reset following a loss event.

Source: CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

How is “Klausul Reinstatement” Used in Practice?

Perjanjian reasuransi mencakup klausul reinstatement yang memungkinkan cedant memulihkan pertanggungan setelah kerugian besar dengan premi tambahan.

Certification Exam Relevance

CFAACCAFRM

Who Needs to Know This Term?

  • Financial Analysts
  • Bankers
  • Traders

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Frequently Asked Questions

Apa itu Klausul Reinstatement?

A provision in insurance or reinsurance contracts that specifies the terms under which coverage is restored after a claim payment, typically requiring an additional premium. Most common in catastrophe reinsurance, it allows for the policy limit to be reset following a loss event.

Where can I learn this term for free?

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