Enter the expiring annual premium ($) into the Calculator. The calculator will evaluate the Tail Coverage.
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Tail Coverage Formula
TC = EP * 2
Variables:
- TC is the Tail Coverage ($)
- EP is the expiring annual premium ($)
To calculate Tail Coverage, multiply the expiring annual premium by 2.
How to Calculate Tail Coverage?
The following steps outline how to calculate the Tail Coverage.
- First, determine the expiring annual premium ($).
- Next, gather the formula from above = TC = EP * 2.
- Finally, calculate the Tail Coverage.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem :
Use the following variables as an example problem to test your knowledge.
expiring annual premium ($) = 2000
