The amount that the insurance insurer has to cover business expenses and emergencies, including the cost of capital, is thus mathematically represented.

Premium = Accounts Receivable + Expenses + Profit Accumulation

Revenue costs are usually expressed as a factor of time or as a percentage of expected business claims and costs, or are mathematically represented as follows.

Reward Purpose = (1+ r) X

r = Profit-expenditure factor expressed as a percentage

X = expected number of claims and expected number: administrative costs, commissions, general expenses

• Expense Load means, In addition to the net premium, the acquisition cost and other expenses are included in the premium. This factor provides the overhead and profit margin that is included in the gross premium (or fee).

### Literal Meanings of Expense Load

#### Expense:

##### Meanings of Expense:
1. The price of something, the money spent on something.

##### Sentences of Expense
1. Up to Rs 17,500 can be collected in capital expenditure this year

2. We order apparel at a high price

##### Synonyms of Expense

cost, price

1. Carrying a load or large quantity on an object (vehicle, ship, container, etc.)

2. When (someone or something) carries or holds a large or excessive amount of heavy objects.

5. Heavy volunteer large items are being moved or intended.

6. A source of load or pressure is sustained by something else or something.

7. Lots (often disagreed or disliked)

8. The amount of energy supplied by the source and the resistance of the moving parts that the machine must control.

1. They carry their canoes

2. Elaine's grocery bag is full