The Plexus group of companies is an independent investment house that specialises in the investment management of a range of unique investment solutions for both corporate and individual clients. Its dedication to investment provides a purposeful approach to achieving superior investment results. The ... More Details »
Premiums paid to the insurance company by policyholders in advance of the premium due dates. An interest discount is sometimes allowed to the policyholder for such advance payments. Advance premiums are subject to withdrawal or refund and hence are accounted for as deposits.