A reporting form is one in which the insured reports to the insurer each loss as it occurs.

Name: A reporting form is one in which the insured reports to the insurer each loss as it occurs.
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Quizplus · Accepted Answer

A reporting form is a policy arrangement where the insured regularly reports values (such as inventory levels) to the insurer, not individual losses as they occur. This is often used in policies where values fluctuate over time.

A Reporting Form Is One in Which the Insured Reports