Insurance Policy

Insurance policy is an agreement between insurer and the insurer who is the policy holder in which insurer has the duty to pay. Insurance policy is of different kinds made of different items like property insurance, car insurance, health insurance etc. Insurance policy amount is paid by the policy holder every month.

Insurance Policy Method of Depreciation

Shamsa Rafique Insurance Policy, Method of Depreciation

Insurance Policy Method of Depreciation: Learning Objectives: Define and explain the insurance policy method of depreciation. Definition and Explanation: Insurance policy method is a slight modification of the depreciation fund method or sinking fund method. Under this method the amount represented by the depreciation