The amount an insurer charges per $100 of exposed property value is called the:

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The amount an insurer charges per $100 of exposed property value is called the:

The amount an insurer charges per $100 of exposed property value is called the:
A) rate
B) premium
C) expense ratio
D) funding ratio

Textbook

Introduction to Risk Management and Insurance

Edition: 10^th

Authors: Dorfman, Cather

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