Question
A method of permitting the final premium for a risk to
be adjusted, subject to an agreed-upon maximum and minimum limit based on actual loss experience is called?Solution
Retrospective rating is an insurance pricing method in which the premium is directly affected by losses that occur during the policy period. The insured pays a provisional premium based on projected losses. Retrospective rating is commonly used in workers compensation insurance.
If F is related to Gucci, G is related to Shopper store in the same way B is related to?
Who among the following are girls?
How many boxes are placed between box S and box R?
Read the directions carefully and answer the following questions.
Seven persons Neil, Liam, Luv, Kim, Dev, Sam, and Heena live in six floored b...
- Six boxes (S, T, U, V, W, and X) are kept one above another such that the bottommost box is numbered as 1 and the topmost box is numbered as 6 but not nece...
Four of the following forms a group based on certain pattern. Who does not belong to this group?
Who celebrated his birthday in the beginning of the month?
After 3 years, S’s age will be?
Five persons, N, T, E, S and H, live in a five-storey building such that bottommost floor is numbered as 1 and the floor immediately above it is numbere...
P belongs to which country?
