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C16 - CH8 - Pricing Insurance Coverages Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+ R195,12   Add to cart

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C16 - CH8 - Pricing Insurance Coverages Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

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  • Course
  • C16 -
  • Institution
  • C16 -

What is *retrospective rating plan*? : The retrospective rating plan is based on the insured's actual loss experience during the policy term. The client and insurer agree on a formula under which the ultimate cost of claims will be borne by the insured. Min and Max premium, LO - Explain the d...

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  • April 15, 2024
  • 4
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • C16 -
  • C16 -
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