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  • Monday, April 28, 2025
  • The Financial Encyclopedia
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Variable Fee

A fee that is charged by an insurer for the services it provides to the policyholders. It constitutes the insurer's...

    VFA

    It stands for variable fee approach; with respect to an insurance contract with direct participation features, it is the applicable...

      Variable Fee Approach

      With respect to an insurance contract with direct participation features, it is the applicable approach for measurement of the fulfillment...