Which one of the following is the primary reason for premium

Which one of the following is the primary reason for premium auditing by insurers?

Select one:

a. Obtain additional information

b. Meet regulatory requirements

c. Reinforce confidence of insureds

d. Determine correct premium

d.determine correct premium.

The primary reason for premium auditing is to know the correct premium for the period on the policy.

Meeting regulatory requirements, obtaining additional information, reinforcing confidence of insureds are all secondary reasons.