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.
Which enzyme is correctly paired with its function?
The substance that is usually lost by the body during dehydration is-
Which of the following is a major risk factor for developing cardiovascular disease?
Which organelle is responsible for producing ATP in a cell?
Analogous structures are a result of :
Photosynthesis takes place inside plant cells in:
Which enzyme is secreted by the stomach and digests proteins?
Which antibodies are present in individuals with blood group AB?
Green plants are usually the first link in any food chain because
Which substance is secreted by the liver?